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

|By:, SA News Editor

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).