Apple Announces Plans to Offer Wireless Service Directly to iPhone and iPad Users
May 03, 2012 08:20 ET
Apple Announces Plans to Offer Wireless Service Directly to iPhone and iPad Users
Five Star Equities Provides Stock Research on Sprint Nextel and Frontier Communications
NEW YORK, NY--(Marketwire - May 3, 2012) - AT&T, Sprint, & Verizon have been the dominant mobile services providers in the U.S. for years. But they soon will be facing some stiff competition as Apple has recently announced plans to offer direct mobile service to their device users. With Apple's cult like following the company will look to emerge as a major player in the mobile service market. Five Star Equities examines the outlook for companies in the Telecom Services Industry and provides equity research on Sprint Nextel Corporation (
Access to the full company reports can be found at:
[ www.FiveStarEquities.com/S ]
[ www.FiveStarEquities.com/FTR ]
Apple will soon provide wireless service directly to the millions of iPhones and iPads already in the marketplace. Apple already has the distribution channels and customer base needed to make the move, according to Whitey Bluestein, a Veteran wireless industry analyst. They currently have approximately 250 million credit cards already on file, which would make billing for the wireless service hassle free.
"What has been holding Apple back from becoming a wireless provider already," according to Bluestein, "are the enormous handset subsidies paid by mobile operators (AT&T, VZW and Sprint in the US), which amount to about $381 for each iPhone sold today," Bluestein noted. "That has been a short-term stumbling block for Apple, but the company has its well-known cash reserves and could seize the initiative at any point."
Five Star Equities releases regular market updates on the Telecom Services Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at [ www.FiveStarEquities.com ] and get exclusive access to our numerous stock reports and industry newsletters.
Sprint recently announced that the Western States Contracting Alliance (WSCA) has awarded Sprint a four-year $2 billion contract to serve as one of its wireless products and services providers. The contract with WSCA, a national public sector purchasing consortium, represents one of the largest for Sprint in 2012.
Frontier Communications offers voice, broadband, satellite video, wireless Internet data access, data security solutions, bundled offerings, specialized bundles for residential customers and small businesses and home offices. The company recently announced plans to release first-quarter 2012 results on Monday, May 7, 2012 before the market opens and to host a conference call that day at 9:00 A.M. Eastern time.
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