Customer-hungry cellphone firms seek prepaid callers

Article Abstract:

Cellular telephone companies launched new prepaid offerings in late 2000 to attract prepaid customers. As the number of new high-end cellular telephone customers declined, carriers are treating prepaid customers like royalty with cheaper minutes, better telephones and more features. Prepaid customers represent nearly 10% of cellular telephone users in the US, or around 10 million, which is an increase from 2 million in 1998, according to analyst Knox Bricken of Yankee Group.

Marketing procedures, Cellular Mobile Radio Services, Cellular and Other Wireless Telecommunications, Cellular telephone services

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Sprint executives get retention packages

Article Abstract:

Sprint Corp on Mar 1, 2001 announced in a proxy statement that it has given its CEO William Esrey and Pres Ronald LeMay retention packages that include three million stock options. The two executives must remain at Sprint for four to six years to take advantage of the stock options, especially if Sprint and Sprint PCS shares rebound. The company's shares fell more than 67% from their 52-week high in Jun 2000.

Telecommunications, Personnel administration, Sprint Corp.

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