Tuesday, May 1, 2012

Prepaid Carriers Leap Wireless, MetroPCS See Growth Plummet

Despite widespread use around the world, prepaid cell phones have never really caught on in the U.S., where two-year commitments stubbornly refuse to go away. But two companies whose fate depends on prepaid have watched their fortunes plummet during what is typically a strong quarter.

The Wall Street Journal is reporting on some big losses at Leap Wireless and MetroPCS, two of the bigger players in the prepaid wireless market. Both companies noted

View the Original article

No comments: