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9:42 (Dow Jones) Hasn't been a good week for MetroPCS (PCS), according to Soleil/Nelson Alpha, noting that it faces increased competitive pressures. Earlier this week, Leap disclosed it added a disappointing number of net new customers, while Verizon (VZ) noted its 4Q wireless wholesale business was the strongest in company history. Sprint Nextel (S), meanwhile, expanded its Boost service to the CDMA network, which could spur further growth. PCS is slated to hold an analyst meeting Tuesday. Soleil downgrades stock to sell from hold. PCS down 5.9% to $7.08. (RC)
Why would he lie about switching from AT&T to T-Mo?
It's common knowledge that people who flee AT&T go to T-Mo because of iPhone compatibility and such.
T-Mo is undercutting AT&T's price big time.
If you can get T-Mo 3G in your area, that's what you would do.
Inaccuracy: $37 before phone cost, which would be additional $10/mo over the next 13 months.
I didn't see the $40 tax included plan at Boost anymore.
But even at $40, the PCS plan will still be $3 cheaper but more importantly for me is the free international texting!
Boost should look into something like that then at $40 it may be more attractive given a wider US coverage of the iDEN network.
Or maybe it'll be Virgin that will match PCS.
I think prices are going to about $30 + tax.
Voice will necessarily bring in less revenue over time.
A lot of it will be commoditized as data over IP.
It will be a very competitive market going forward.
That is inline with this admin's plan.
PCS is closing in on short target, around $8.5.
The competition is heating up.
PCS just extended the $30 pricing from ending today to ending on the 11th.
I plan to switch one of my Sprint phones to that plan plus the Moto Hint is on sale for $130 after rebates, also extended until the 11th.
That means I'll spend less than $40 including the cost of the phone for the next 12 months.
Actually, can't trust what any analyst states this close to options expiration ... no way to really know if they mean what they say or have ulterior motives ... I like S more than PCS, but I own both.
Yeah, I got screwed a lil'. But I still PCS will recover b4 S. Go figure...the day I buy we get two shiiittty rating-lmao. Oh well, it the game we play. Good luck and good trading to you all!