Telcos: Wireless Sub Growth Slowing Rapidly, Analyst Says
It may be hard to imagine given how much attention the market pays to the mobile phone market, but the subscriber growth rate in the U.S. wireless industry is rapidly grinding towards zero.
Collins Stewart telecom analyst Greg Miller this morning noted that the industry “continues to slow at a surprisingly fast rate.” The first quarter, he says, could market the first-ever period of negative net subscriber additions in the history of the industry.
For AT&T (T), he cut his forecast for post-paid net adds to 499,000 from 632,000 for Q1, and to 2.607 million from 2.976 million for 2010.
