We tested a new low on Friday. I was tempted to buy, but the coin came up heads.
Just to complete the picture on the other wireless cable providers :
Susbscriber Count on 6/30/97 12/31/96 6/30/96 -------------------- ------- --------- -------- Company ------- WIRL 100,640 69,825 - ATEL 169,000 179,800 178,000 CAWS 75,200 - 79,300
CAWS and ATEL have made the decision to de-emphasize the analog wireless cable TV market, and begin looking into digital applications. WIRL, like HART, appears to be sticking with their original charter. WIRL was able to add subscribers in each of its 34 markets (only two new launches in first six mo. of '97).
All the wireless cable TV companies are at a crossroad trying to determine when to make the switch to digital and how quickly to switch over. In the meantime, they may take some small solace in the knowledge that their MMDS spectrum may be worth quite a bit more than what shows up on their balance sheets. |