1 posts and columns on prepaid cellular

PCS: Buckling Under the Weight of Sprint, Verizon

in News on August 6, 2009 at 4:34 pm PT

The cut-rate prepaid cellular market, though representing fully a third of the growth in wireless in the U.S., is not always a comfortable place to be, as evidenced by the results today from Metro PCS, the discount prepaid cellular operator whose stock was cut by a third after disappointing Q2 earnings.