Prepaid carriers see humdrum results in fourth quarter
MetroPCS and Leap Wireless' growth in the fourth quarter could be summed up with one word: meh.
Both prepaid wireless providers offered up an early look at their customer growth and the results were mixed. Leap Wireless, which sells service under its Cricket Wireless subsidiary, released its figures yesterday and narrowly beat expectations. MetroPCS reported its customer growth today, which fell slightly below analysts' expectations.
The results were neither tragically bad or particularly impressive. But given that the fourth quarter is the largest sales period for the prepaid players, that itself makes the results somewhat disappointing. That MetroPCS and Leap … Read more