U.S. Wireless Isn't Thriving Financially, Analyst Says

摘要

With profit low throughout the wireless industry, carriers face major financial challenges, Sanford Bernstein analyst Craig Moffett warned at CTIA's annual conference. “Verizon and AT&T on the wireless side earn reasonable returns, not great returns,” he said. Their return on capital is only in the midteens, Moffitt said. “To put that in perspective, Apple’s is triple digits and Google is growing at 50 percent annually. ... On a consolidated basis, Verizon doesn’t earn its cost of capital, that is including its wireline business.” None of the other carriers come close to earning their cost of capital, he said.