Mobile Contract Cutting – The Latest Emerging Trend?May 10, 2012 3:59 pm
“The seven largest U.S. phone companies, representing more than 95 percent of the market, lost a combined 52,000 subscribers from contract-based plans in the January to March period, according to a tally by the Associated Press. The companies have a combined 220 million devices on such plans, accounting for about two-thirds of the total number of devices.
Read more: http://business.time.com/2012/05/10/37011/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+timeblogs%2Fcurious_capitalist+%28TIME%3A+Business%29#ixzz1uU0WIok5”
Is this a trend? We do not know yet. These numbers, while high, do not indicate a trend yet. But it is a worrying fact for carriers.