BELLSOUTH CORPORATE PROBLEMS OFFSET BY GROWING CONSUMER REVENUE, ACKERMAN SAYS

摘要

BellSouth, one of the Bells left out of recent mega-mergers, plans to grow by simplifying its business portfolio in 2006, said CEO Duane Ackerman at a Citigroup Conference in Phoenix Tues. He admitted the dynamics of the industry have changed after the 2 major wireline mergers, especially in the big- business market, where he said BellSouth will face the most challenges. The overcrowded market coupled with a steady technology evolution cost BellSouth about 3% in business revenue, Ackerman said. But Ackerman was optimistic about consumer revenue, predicting sharp growth in wireless and broadband income. He said he expects 50% of customers to have access to 12-24 Mbps service before 2008