Replying to: Oh Mary..... by madhatteruscc
Re: Oh Mary.....
At this point in the wireless industry, there is no way to rebuild quickly if at all.
In yesterdays news, in case you missed it:
Only 1.1 million new wireless accounts were created the first three months of 2013, according to the report from Chetan Sharma Consulting, a firm that specializes in mobile trends and strategy. This represents a whopping 60 percent decline over the number of new connections in the same quarter of 2012.
That's a huge problem for the wireless industry, which thrived in previous years as new customers signed up for mobile subscriptions.
In the year 2000, wireless companies derived more than 20 percent of their revenues from new subscribers, according to a slide in Sharma Consulting's presentation. Now, that share is hovering around 2 percent.
They don't have much choice but to increase revenue from existing subscribers, which obviously from a consumer point of view sucks."
And a PS Mary, thanks for damaging a once fine company---
- Re: Oh Mary..... by mobilemadness