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U.S. wireless carriers seek alternatives as phone

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Post# of 28539
Posted On: 04/24/2013 7:15:05 PM
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Posted By: testuser
U.S. wireless carriers seek alternatives as phone growth slows

The AT&T logo is pictured by its store in Carlsbad, California By Sinead Carew NEW YORK (Reuters) - U.S. mobile phone companies are starting to realize they need more than phones to keep growing. Shares of AT&T Inc fell 5 percent on Wednesday after the No. 2 U.S. mobile operator disappointed investors with its report of a net loss of 69,000 phone subscribers in the first quarter. It depended on tablet users instead for growth. Sprint Nextel Corp, the No. 3 U.S. mobile provider, also showed much lower-than-expected growth in its core service on Wednesday. ...




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