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Technology Stocks : NEXTEL
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To: Arnie Doolittle who wrote (5580)4/7/1998 7:48:00 PM
From: William JH  Read Replies (1) of 10227
 
"Since NXTL did not launch any major markets in Q1 98, if net additions are higher than Q4 97, this number should be representative of same market results (although the markets themselves grew with the addition of 800 cell sites).

According to NXTL, about 10% to 15% of the digital subscriber additions during the first three quarters of 1997 were migrated from Nextel's analog base. During 4Q 97, the company installed new software which tracks this digital conversion information more closely. The company indicated that this percentage was 11.4% in 4Q 97, for approximately 36,947 of the 324,000 net additions."

From MER report of 3/31/98
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