Clearly, across the industry minutes of use are not growing as much as they did ... this is causing ARPU to start to slip. |
I would have thought somewhere between $10.50 and $11 a share would have been a better price before I saw the 4,000 net (customer) adds. |
In terms of total profitability of the company they're lowering guidance. It was a little bit sneaky how they tried to do this. |
It fits with my industry thesis that the regional players are going to be marginalized by the national providers and left to take whatever growth is left. |
It's a little bit disappointing. Part of it is an industry slowdown and part, I suspect, is the distraction of the merger. |
What they reported this morning beat my expectations, but it's hard to overlook the slowing customer growth. |