Analyst William V Power of Robert W Baird expects the wireline and wireless carriers in the US to report robust 3Q results, with the performance of the wireless segments offsetting the mixed-to-weak results of the wireline segment.
In a research note published this morning, the analyst mentions that recent retail trends indicate that the overall subscriber growth for communications services in the quarter is expected to have been robust, with market share expansion witnessed by Cingular and Verizon Wireless. The stabilising results in enterprise, along with continuing operating efficiencies, are likely to have offset the ongoing weakness in access lines in the wireline segment during the quarter.
Source: NewsRatings.com
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