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- 11-20-2003, 06:23 AM #1JeanGuest
AT&T Wireless Outsources
By W.D. Crotty
November 19, 2003
The Wall Street Journal is reporting that AT&T Wireless (NYSE: AWE), the
second-largest wireless carrier in the U.S., plans to lay off 10% of its
workforce. Outsourcing deals with companies in India and other overseas
locations are in the works. What gives?
Cost cutting, earnings concerns, and an ever-changing regulatory
environment are recurring issues for telecommunications companies.
Yesterday, the Fool analyzed Verizon's (NYSE: VZ) 10% staff reduction.
Sprint PCS (NYSE: PCS) struggles with profitability. Dave Mock reported
last week on the new regulation allowing phone number portability and its
impact on the cellular carriers.
Here's the real story. To accelerate the process of generating cash, AT&T
Wireless is said to be considering outsourcing (a simple word meaning:
"Let's get the job done more cheaply elsewhere"). It may be a winning
strategy, but price cutting and special promotions are common in the
wireless business. Today's savings through cost cutting may be given away
in tomorrow's competitive pricing. Overall, the company's future is still
not clear.
AT&T Wireless is hardly a value stock. With 2.7 billion shares outstanding
and a market capitalization of $18 billion, the company's guidance of 8%
revenue growth is hardly reassuring for a stock selling for 46 times
earnings. Add in $10.6 billion in long-term debt, and there's a lot of risk
at today's prices.
AT&T Wireless is one of the most widely held stocks by U.S. investors. It
has taken shareholders on a wild rollercoaster ride since hitting an
all-time high of $29.56 a month after its spin-off from AT&T (NYSE: T) in
2000. The stock's current price of $6.65 looks great only when compared to
the all-time low of $3.15 hit in October 2002. Year-to-date the stock is up
17%.
› See More: Just in time for LNP.
- 11-20-2003, 07:04 AM #2Milton SearlisGuest
Re: Just in time for LNP.
Sprint PCS has already outsourced it's email response team to India, so its
already played that card.
- 11-20-2003, 07:31 PM #3WatchdogGuest
Re: Just in time for LNP.
http://seattlepi.nwsource.com/busine...tsource20.html
On 20 Nov 2003, Jean <[email protected]> wrote:
>
>AT&T Wireless Outsources
>
>By W.D. Crotty
>November 19, 2003
>The Wall Street Journal is reporting that AT&T Wireless (NYSE: AWE), the
>second-largest wireless carrier in the U.S., plans to lay off 10% of its
>workforce. Outsourcing deals with companies in India and other overseas
>locations are in the works. What gives?
>
>Cost cutting, earnings concerns, and an ever-changing regulatory
>environment are recurring issues for telecommunications companies.
>Yesterday, the Fool analyzed Verizon's (NYSE: VZ) 10% staff reduction.
>Sprint PCS (NYSE: PCS) struggles with profitability. Dave Mock reported
>last week on the new regulation allowing phone number portability and its
>impact on the cellular carriers.
>
>Here's the real story. To accelerate the process of generating cash, AT&T
>Wireless is said to be considering outsourcing (a simple word meaning:
>"Let's get the job done more cheaply elsewhere"). It may be a winning
>strategy, but price cutting and special promotions are common in the
>wireless business. Today's savings through cost cutting may be given away
>in tomorrow's competitive pricing. Overall, the company's future is still
>not clear.
>
>AT&T Wireless is hardly a value stock. With 2.7 billion shares outstanding
>and a market capitalization of $18 billion, the company's guidance of 8%
>revenue growth is hardly reassuring for a stock selling for 46 times
>earnings. Add in $10.6 billion in long-term debt, and there's a lot of risk
>at today's prices.
>
>AT&T Wireless is one of the most widely held stocks by U.S. investors. It
>has taken shareholders on a wild rollercoaster ride since hitting an
>all-time high of $29.56 a month after its spin-off from AT&T (NYSE: T) in
>2000. The stock's current price of $6.65 looks great only when compared to
>the all-time low of $3.15 hit in October 2002. Year-to-date the stock is up
>17%.
>
- 11-20-2003, 08:23 PM #4DSL GURUGuest
Re: Just in time for LNP.
If AT&T is laying off folks, can SprintPCS be far behind?
- 11-21-2003, 05:34 AM #5tom ronsonGuest
Re: Just in time for LNP.
who knows, but here's a question for you, if you stuck to one username would
anyone ever see a word you wrote?
"DSL GURU" <[email protected]> wrote in message
news:[email protected]...
> If AT&T is laying off folks, can SprintPCS be far behind?
- 11-21-2003, 06:59 AM #6Bob SmithGuest
Re: Just in time for LNP.
"tom ronson" <[email protected]> wrote in message
news:[email protected]...
> who knows, but here's a question for you, if you stuck to one username
would
> anyone ever see a word you wrote?
Tom, yes ... they would one time, and then plonk him 3 ways from Sunday ...
By my count, he's used the following different ID's.
Bernard Sharri
BlueTooth Now
Camile Cardenas
Carl70015
CAT0NHAT
DSL GURU
LosAngelessLegal
Loving Moonlight
Milton Searlis
Monday Cellphone
P.
P. Reality
PHil_Real
Phill.
Phillipe .
Posting Editor
PTT ReadyLink
Reginald
Renaldo
Richard
Ronald
Sarah Morlan
Sergei Kosonov
Sprint Truth
Sprintinator
Sprintposter
Sunday Auto
Thomas Aspland
Weekend Sunshine
William Bays
- 11-21-2003, 07:03 AM #7Bob SmithGuest
Re: Just in time for LNP.
Would ya know it, but ole Phillipe has one more to add to the list below ...
bracketed by ** **.
Bob
"Bob Smith" <[email protected]> wrote in message
news:[email protected]...
> "tom ronson" <[email protected]> wrote in message
> news:[email protected]...
> > who knows, but here's a question for you, if you stuck to one username
> would
> > anyone ever see a word you wrote?
>
> Tom, yes ... they would one time, and then plonk him 3 ways from Sunday
....
> By my count, he's used the following different ID's.
>
** Alias for Smith **
> Bernard Sharri
> BlueTooth Now
> Camile Cardenas
> Carl70015
> CAT0NHAT
> DSL GURU
> LosAngelessLegal
> Loving Moonlight
> Milton Searlis
> Monday Cellphone
> P.
> P. Reality
> PHil_Real
> Phill.
> Phillipe .
> Posting Editor
> PTT ReadyLink
> Reginald
> Renaldo
> Richard
> Ronald
> Sarah Morlan
> Sergei Kosonov
> Sprint Truth
> Sprintinator
> Sprintposter
> Sunday Auto
> Thomas Aspland
> Weekend Sunshine
> William Bays
>
>
>
- 11-21-2003, 07:23 AM #8DSL GURUGuest
Re: Just in time for LNP.
I did it for you Smith since I know it annoys you so much.
When you talk to Michael Arends about his impersonations then you'll have a leg
to stand on.
- 11-21-2003, 07:45 AM #9Bob SmithGuest
Re: Just in time for LNP.
"DSL GURU" <[email protected]> wrote in message
news:[email protected]...
> I did it for you Smith since I know it annoys you so much.
>
> When you talk to Michael Arends about his impersonations then you'll have
a leg
> to stand on.
I'll have a leg to stand on? HaHaHaHaHaHaHaHaHaHaHaHaHaHaHaHa! You are one
to talk about that Stumpy! Michael Arends has got nothing to do with this
conversation. It is squarely on you.
31 different ID's, and your only reason for changing them is "because you
can"?
Why don't you just stick with one ID Phillipe? Are you afraid that the only
feedback you get will be plonking replies? Fess up Phillipe! Be a man and
stick with one ID.
Bob
- 11-21-2003, 08:14 AM #10DSL GURUGuest
Re: Just in time for LNP.
> Michael Arends has got nothing
His changing alias to impoersonate other is OK by you. His use of explitives is
OK by you. Oh you do it too.
Insult me all you like, but that does not make Sprint Cusotmer Service rate
higher than worst.
- 11-21-2003, 08:41 AM #11Thomas T. VeldhouseGuest
Re: Just in time for LNP.
Bob Smith wrote:
> "tom ronson" <[email protected]> wrote in message
> news:[email protected]...
>> who knows, but here's a question for you, if you stuck to one
>> username would anyone ever see a word you wrote?
>
> Tom, yes ... they would one time, and then plonk him 3 ways from
> Sunday ... By my count, he's used the following different ID's.
>
> Bernard Sharri
> BlueTooth Now
> Camile Cardenas
> Carl70015
> CAT0NHAT
> DSL GURU
> LosAngelessLegal
> Loving Moonlight
> Milton Searlis
> Monday Cellphone
> P.
> P. Reality
> PHil_Real
> Phill.
> Phillipe .
> Posting Editor
> PTT ReadyLink
> Reginald
> Renaldo
> Richard
> Ronald
> Sarah Morlan
> Sergei Kosonov
> Sprint Truth
> Sprintinator
> Sprintposter
> Sunday Auto
> Thomas Aspland
> Weekend Sunshine
> William Bays
You are missing:
J.Edge
Michael
Those are just off the top of my head, I am quite sure there are even more.
Tom Veldhouse
- 11-21-2003, 08:44 AM #12Thomas T. VeldhouseGuest
Re: Just in time for LNP.
Bob Smith wrote:
>
> Why don't you just stick with one ID Phillipe? Are you afraid that
> the only feedback you get will be plonking replies? Fess up Phillipe!
> Be a man and stick with one ID.
>
> Bob
How do you know that Philippe is a man? That is just the first ID that we
saw her post here with.
Tom Veldhouse
- 11-21-2003, 09:10 AM #13DSL GURUGuest
Re: Just in time for LNP.
Thanks sweetie. I have confidence in my sexuality. Sorry you don't in yours
that you assume calling someone you think might be make a female is an insult.
Not so in the 21st Century.
- 11-21-2003, 09:10 AM #14DSL GURUGuest
Re: Just in time for LNP.
And he missed your alias' also Tom.
- 11-21-2003, 09:33 AM #15Thomas T. VeldhouseGuest
Re: Just in time for LNP.
Bob Smith wrote:
>
> You are right about Michael, but I don't believe J.Edge is one of his
> IDs ...
>
> Bob
My mistake, I meant "J. Range". He was caught posting more crap over in the
Tivo group as well, where a few people have also reported problems with his
crap and name lycanthropy.
Tom Veldhouse
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