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AT&T Wireless: Bidding War, Anyone? (BusinessWeek Online)







AT&T Wireless: Bidding War, Anyone?
(BusinessWeek Online)

AT&T Wireless: Bidding War, Anyone?
(BusinessWeek Online)
01/23/2004 05:21 PM

BusinessWeek Online - AT&T Wireless Services Inc. (NYSE:AWE - News) is anything but an industry darling. Dogged by mediocre customer-service ratings, the third largest of six national cellular service providers has seen subscriber growth slow to a snail's pace. The stock has plummeted 70% in four years -- though it has rebounded in recent months thanks to strong cash flow and takeover speculation. The latest financials are weak, too: On Jan. 22, the Seattle company reported a net loss of $84 million for the fourth quarter, on revenues of $3.9 billion.




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AT&T Wireless: Bidding War, Anyone? (BusinessWeek Online)

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