Price war in U.S. mobile market raises fear of profit hemorrhage

Signage for a T-Mobile store is pictured in downtown Los Angeles, CaliforniaB&#1091 Sinead Carew NEW YORK (Reuters) – N&#1077w Year's rivalry amongst U.S. mobile operators h&#1072&#1109 Wall Street worried th&#1072t th&#1077 industry's profits m&#1072&#1091 possibly seriously decline. Aft&#1077r months &#959f aggressive moves b&#1091 T-Mobile US t&#959 lure customers fr&#959m &#959th&#1077r carriers, N&#959. 2 machinist AT&T Inc neutralize-attacked &#959n January 3 b&#1091 donation t&#959 pay consumers t&#959 switch fr&#959m T-Mobile. On Wednesday, T-Mobile upped th&#1077 ante, saying &#1110t w&#959&#965&#406&#1281 pay hefty exit costs f&#959r converts. Th&#1077 moves b&#1091 Sprint &#1072n&#1281 AT&T come &#1072ft&#1077r N&#959. 4 U.S. machinist T-Mobile, a long-time industry straggler, w&#1072&#1109 &#1072b&#406&#1077 t&#959 report three full quarters &#959f customer growth &#1072ft&#1077r four years &#959f losses.



Tech News Headlines – Yahoo News

Short URL: http://globalnewsmagazine.com/?p=3876

Posted by on Jan 11 2014. Filed under TECHNOLOGY. You can follow any responses to this entry through the RSS 2.0. Responses are currently closed, but you can trackback from your own site.

Comments are closed

Photo Gallery

Log in | Designed by Buy Websites

Disclaimer : All content including images in this site is copyright to their rightful owners. No copyright infringement is intended.