NEW YORK, NY--(Marketwire -03/28/12)- Wireless service providers face a new problem for their next generation data networks. While the major providers are the known to seek as much profit as they can from their networks, smaller competitors are offering similar services for free. The Paragon Report examines the outlook for companies in the Telecom Services Industry and provides equity research on AT&T Inc. (NYSE:T - News) and Clearwire Corporation (NASDAQ: CLWR - News).
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FreedomPop, funded by Skype creator Niklas Zennstrom, will sell iPhone cases that provide consumers free access to 1 gigabyte of data from Clearwire Corp.'s 4G wireless network. NetZero is also offering 200 megabytes a month for free, for up to 12 months, as long as users purchase a wireless modem. Verizon and AT&T, the top wireless carriers in U.S., combined took in $12.2 billion in data alone in the last quarter, according to a recent article on Bloomberg.
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AT&T Inc. announced that the company's first-quarter 2012 financial results will be released Tuesday, April 24, 2012. The company's earnings release, Investor Briefing and related materials will be available on AT&T's website by 8 a.m. ET.
Clearwire Corporation reported that Hope Cochran, Clearwire's CFO, will speak at the Goldman Sachs TMT Leveraged Finance Conference in New York, NY on Thursday, March 22, 2012, at 3:15 p.m. Eastern.
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