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	<title>The Viodi View &#187; verizon wireless</title>
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	<description>The Bridge Between the Heartland and Hollywood</description>
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		<title>Are any telecom companies making money?</title>
		<link>http://viodi.com/2008/02/28/telecom-losses/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=telecom-losses</link>
		<comments>http://viodi.com/2008/02/28/telecom-losses/#comments</comments>
		<pubDate>Fri, 29 Feb 2008 05:48:38 +0000</pubDate>
		<dc:creator>Alan Weissberger</dc:creator>
				<category><![CDATA[Weissberger]]></category>
		<category><![CDATA[accounting irregularities]]></category>
		<category><![CDATA[clearwire]]></category>
		<category><![CDATA[dan hesse]]></category>
		<category><![CDATA[deutsche telecom]]></category>
		<category><![CDATA[enterprise network]]></category>
		<category><![CDATA[lte]]></category>
		<category><![CDATA[metro pcs]]></category>
		<category><![CDATA[network equipment provider]]></category>
		<category><![CDATA[newest news]]></category>
		<category><![CDATA[ny times]]></category>
		<category><![CDATA[poor customer service]]></category>
		<category><![CDATA[price war]]></category>
		<category><![CDATA[private equity firms]]></category>
		<category><![CDATA[profit margins]]></category>
		<category><![CDATA[quarter loss]]></category>
		<category><![CDATA[solutions supplier]]></category>
		<category><![CDATA[sprint nextel]]></category>
		<category><![CDATA[telecom news]]></category>
		<category><![CDATA[verizon wireless]]></category>
		<category><![CDATA[wsj]]></category>

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		<description><![CDATA[Huge loss by SPRINT caps plethara of disappointing telecom news We do not think SPRINT has the financial resources to complete their WiMAX buildout plans. Instead, the WiMAX unit will likely be spun off, with INTEL, Clearwire, and private equity firms buying it. Even then, the future of WiMAX in the U.S. is in doubt- no roaming, no 700K Hz nation wide network, AT&#38;T and Verizon Wireless passing in favor of LTE-like technologies. The Siemens restructuring is a most striking transformation- from an enterprise network equipment provider to a software solutions supplier. The Nortel loss is not at all a surprise, as the company has been plagued by accounting irregularities for years. The NY Times states that Nortel&#8217;s scope is too broad and is the cause of continuing concern and problems. Metro PCS is attracting subscribers, but there appears to be a cellular price war in the U.S. that has destroyed profit margins. News items are listed below in chronological order- newest news first. SPRINT posts big loss and stops paying dividend: Do you really think they&#8217;ll complete their WiMAX roll-out on schedule? http://www.marketwatch.com/news/story/sprint-posts-big-loss-stop/story.aspx?guid=%7BA733C683%2D1C44%2D4A7C%2D9BFC%2D1AA9218051F3%7D&#38;dist=SecMKTW Stung by defecting customers and falling sales, Sprint Nextel Corp. on Thursday posted a steep fourth-quarter [...]]]></description>
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