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

To: cfoe who wrote (25509)	8/12/2002 6:13:38 PM
From: cfoe	Read Replies (2) \| Respond to of 196660

...from my Sprint Express store. More from same salesperson. A500 is out of stock - everyone wants it. He offered to put me on the waiting list for one. He showed me the Sanyo 4900 and it looks good too. The main difference between it and the A500 seems to be that the latter has a hook up for the digital phone coming out soon. I liked the look and feel of the Sanyo (have a 4000 now) and it is a lot cheaper. He also said the customer response (for the wed-enables phones) has been a bit slower than they expected, but that it is early. My take is that the shopping center they are located in is not the best for this service and that it will take longer to sell. A better lure will be GPS enabled, which I forgot to ask about. I will ask about this on my next visit.

To: cfoe who wrote (25509)	8/12/2002 6:25:43 PM
From: Neeka	Respond to of 196660

Sprint PCS adjusts price plan to match competition CHICAGO, Aug 12 (Reuters) - Sprint PCS Group (NYSE:PCS - News), the nation's No. 4 wireless telephone company, on Monday said it changed its entry-level price plan over the weekend to match its competitors in a bid to win back market share. Sprint PCS, a unit of Sprint Corp. (NYSE:FON - News), said it now offers 300 voice minutes for weekday use and 3,200 minutes for night and weekend use for $34.99. Customers can use their phones anywhere on its national network. The company's previous plan of 200 weekday minutes and 3,300 night and weekend minutes for $34.99 offered 100 fewer weekday minutes than the similarly priced plans of competitors. "It's a recognition that they'd lost market share in the second quarter," William Benton, wireless analyst with William Blair & Co., said. "I think (entry level plans) is where a lot of the incremental customers are going to be coming from." Weekday minutes are more valuable than night and weekend minutes because consumers tend to use their phones most during that period. Companies like to limit weekday minute usage to control traffic on their networks. Overland Park, Kansas-based Sprint PCS was seen by analysts to have lost market share in the second quarter to Verizon Wireless, the nation's No. 1 telephone operator, which launched a new national price plan in February. Verizon Wireless is a joint venture between Verizon Communications (NYSE:VZ - News) and Britain's Vodafone Group (London:VOD.L - News). Sprint PCS added 308,000 customers to its total subscriber base in the second quarter compared with analysts' initial expectations of about 700,000 to 750,000. During the same period, Verizon Wireless's total customers rose by 723,000, more than double analysts' estimates. Analysts had blamed the lower-than-expected quarterly results on Sprint PCS's refusal to introduce a competitive entry-level price plan. Price competition has intensified in the industry, which is experiencing a dramatic slowdown in subscriber growth after years of heady gains. The top three wireless operators, including Verizon Wireless, Cingular Wireless (NYSE:BLS - News; NYSE:SBC - News) and AT&T Wireless Services Inc. (NYSE:AWE - News), had introduced new price plans earlier this year offering more minutes or a wider coverage area. Sprint PCS also said it added a service plan for $64.99 over the weekend, which includes 750 daytime minutes and 5,750 night and weekend minutes. Shares of Sprint PCS closed off 23 cents or 5.2 percent to $4.18 on the New York Stock Exchange. biz.yahoo.com