Wednesday, October 26, 2005

Verizon and 3G

In a article about Lucent's upcoming earnings, one of the "biggest concerns for Lucent watchers is that there may be some slowdown in wireless infrastructure orders as big customers like Verizon Wireless review next year's budget."

UBS analyst Nikos Theodosopoulos recently wrote, "There is risk of Verizon cutting back on wireless spending in 2005 and 2006."

Charter Equity Research analyst Ed Snyder didn't mince words when writing about Verizon in a recent note. He said, "Verizon did not cut EV-DO pricing by 25% because demand was too brisk. On the contrary, the value for 3G in general and EV-DO in particular is underwhelming, just as it has been with deployments in Asia and Europe."

I might not agree with everything he says, but Snyder does tell it like he sees it....