UBS' John Hodulik slashes his subscriber estimates (I, II) for MetroPCS (PCS) and Clearwire...


UBS' John Hodulik slashes his subscriber estimates (I, II) for MetroPCS (PCS) and Clearwire (CLWR), as evidence grows of U.S. mobile saturation and a tough competitive environment for everyone besides AT&T and Verizon. He now sees MetroPCS losing 150K subs in Q2 (50K prior), and having a cost per gross add of $251 ($235 prior). Clearwire is now expected to post wholesale net adds (mostly Sprint-related) of 400K in Q2 (700K prior) and 1.4M in 2012 (2.3M prior).

From other sites
Comments (6)
  • The Deep Value Investor
    , contributor
    Comments (299) | Send Message
     
    Sprint already has a flat payment agreement with CLWR, so if Sprint adds 400k or 700k it doesnt matter since the payment to CLWR would be the same anyway. So how does that even matter?
    3 Jul 2012, 04:36 PM Reply Like
  • Headcoach
    , contributor
    Comments (419) | Send Message
     
    Well, John can go stick it where the sun doesn't shine. Evidently the knucklehead doesn't know that Sprint owns 47% and that the market isn't saturated...please!

     

    Any anyone that listens to this clown should go ahead and jump right off the cliff with him...stuoop! The three companies that have the most to lose is Verizon, AT&T and T-Mobile, especially after last night's T-Mobile fiasco.

     

    I'm a 13 years subscriber with T-Mobile and last night was the straw that broke the camels back. On July 15th, I switch to Sprint. So John...wake up for heaven's sake.
    3 Jul 2012, 04:49 PM Reply Like
  • Erik Gholtoghian
    , contributor
    Comments (995) | Send Message
     
    To surmise that only AT&T and Verizon have good growth prospects is beyond idiotic.

     

    In fact, it is quite the opposite.

     

    When is the last time you met somebody who switched over to Verizon from somewhere else? Try, never except maybe a few hillbillies out in the middle of nowhere.
    3 Jul 2012, 05:26 PM Reply Like
  • Mrnomad
    , contributor
    Comments (359) | Send Message
     
    It seems to me that a subscription to Morningstar and using Fidelity's access to Thomsen Reuters makes more sense than reading Seeking Alpha comments.
    3 Jul 2012, 07:15 PM Reply Like
  • Headcoach
    , contributor
    Comments (419) | Send Message
     
    yeah, that's the problem, a lot of investors us this site and when someone says "BOO" they jump ship like a rat on a sinking ship. So to have someone like this (whomever the (&%# he is) as an analyst who thinks his word is god. The problem is when people see the word "Analyst" after his name, they feel that if the John talks (sorry no pun intended) people listen.
    4 Jul 2012, 12:33 PM Reply Like
  • milehr
    , contributor
    Comments (677) | Send Message
     
    Ridiculous.
    3 Jul 2012, 08:15 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs