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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: q1000 who wrote (23575)6/9/2002 8:43:02 PM
From: slacker711  Respond to of 196589
 
Vesper has added 100,000 net subscribers since the November restructuring – all prepaid customers – and had 420,000 subscribers on January 21, 2002.

Thanks for the notes....

This paints a slightly better picture of Vesper though I think that the 800,000 sub target is still going to be a stretch. Q really needs to get Vesper to EBITDA break-even...there really isnt much chance to either spin the division off or sell it until they are close to profitability.

Hopefully, we'll get more details during this quarter's conference call. Q has quite a bit of money tied up in Vesper's future...

Slacker