Wireless Industry Finding Some Stability, Credit Suisse Says
The U.S. wireless industry appears to be stabilizing, based on a recent conference with the chief financial officers of major carriers, Credit Suisse analyst Joseph Mastrogiovanni said Thursday in a note to investors. “The carriers seemed very comfortable with the…
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current state of the wireless industry, which appears to be stabilizing somewhat,” he said. “We continue to believe AT&T has catalysts [that] could drive appreciation in 2015 and expect strong momentum to continue at T-Mobile. Verizon continues to downplay interest in Dish [Network] and is firm in their belief that densification is more prudent than some recent spectrum auction prices.”