Thursday, July 24, 2008

Cutting the Cord

How bad is it for wireline telephone companies? Estimates have such businesses losing 2.6 million landlines per quarter. It's earnings season, so next week it will be clear how bad business really is for AT&T, Qwest Communications International Inc., Verizon and Embarq Holding Co. LLC. And as consumer migrate to other options — particularly wireless ones — remember that Qwest Communications International does not own a wireless carrier. Ouch. You can get more information at this article.

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