4 posts and columns on Mike McCormack

Investors Wary of AT&VoIP

in News on October 7, 2009 at 2:33 pm PT

A complete reversal of its earlier policy restricting Internet telephone services to Wi-Fi only, AT&T’s decision to allow iPhone owners to use such services on its 3G network has gone over well with consumers and with Apple. But it hasn’t gone over well with AT&T investors. Shares in the company slipped on news of the decision yesterday and they’re falling still further today.
att

Investors Wary of AT&VoIP

in News on October 7, 2009 at 2:33 pm PT

A complete reversal of its earlier policy restricting Internet telephone services to Wi-Fi only, AT&T’s decision to allow iPhone owners to use such services on its 3G network has gone over well with consumers and with Apple. But it hasn’t gone over well with AT&T investors. Shares in the company slipped on news of the decision yesterday and they’re falling still further today.
att

Voices

Verizon, AT&T: J.P. Morgan Sees Trouble In Wireless

in News on May 7, 2009 at 8:15 am PT

For many quarters now, telco giants Verizon and AT&T have suffered sharp declines in the residential wireline business, but have been bailed out by the rapid growth of their wireless businesses.

Voices

Clearwire Sinks; Attractive Spectrum Isn't Enough

in News on December 2, 2008 at 8:21 am PT

Clearwire shares are down sharply this morning after negative comments from analysts at J.P. Morgan and Stanford Group. Though its stock saw a lift yesterday following the completion of its deal to acquire Sprint’s Xohm wireless broadband business, the concern is that the company needs substantially more capital and that the intensely competitive landscape will overshadow its technological advantages.