Let's not hold our collective breath, but the Unstrung Index of the top 25 quoted wireless companies -- as chosen by us -- appears to be displaying an upward trend.
Take a look and you'll see that having hit an all-time low of just less than 58 points in late September, the index has risen, albeit not consistently, to nearly 73 points at the moment. Recent boosts to the index have come from Vodafone Group plc (NYSE: VOD), following its results (see Vodafone's Data Barometer), and the likes of AT&T Wireless Services Inc. (NYSE: AWE) and
Sprint PCS (NYSE: PCS).
Keep your eyes peeled on the index just in case. It might just be showing us that the worst is over.
— Ray Le Maistre, European Editor, Unstrungwww.unstrung.com