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Article: Sprint PCS' First Quarter Growth Rate Prompts AT&T Reaction
- Article from:
- PR Newswire
- Article date:
- May 7, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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KANSAS CITY, Mo., May 7 /PRNewswire/ -- The following release is being issued by Sprint PCS:
Sprint breaks the ground and AT&T reacts.
Sprint PCS customer growth figures for the first quarter of 1998 exceeded those of AT&T for the first time. Sprint PCS added a net total of 226,900 customers in the first quarter, while AT&T Wireless had net growth of 195,000, according to Goldman, Sachs & Company Investment Research.
AT&T's new one-rate pricing plan is an obvious response to Sprint PCS' pioneering efforts in the wireless marketplace.
"Sprint PCS is flattered that, once again, AT&T is imitating the industry- leading marketing ...