Wall Street securities house Jefferies has cut its fourth quarter postpaid net addition estimates for three of the largest carriers in the U.S. For example, Jefferies analysts now expect Big Red to have added 786,000 new postpaid customers in the three month period that ended last month. Previously, the trading house was expecting Verizon to add 943,000 postpaid subscribers in Q4. Postpaid churn is estimated to be 1.03% for the period, unchanged from the earlier forecast.
Jefferies revised its AT&T numbers down by a larger percentage. It now sees 315,000 postpaid net adds for the carrier … – Source
Jefferies lowers its estimates of Q4 postpaid net additions for Verizon, AT&T and Sprint
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