No-Contract Phone Market Gains Steam NOTE TO EDITORS: The Following Is a Research Alert Issued by Century Capital Research NEW YORK, NY -- (Marketwire) -- 06/15/12 -- A USA Today article on the emerging pre-paid phone market highlights that Verizon Wireless (VZ), AT&T (T) and other major wireless carriers are focusing on a class of customers they once largely ignored: bargain hunters with a fear of commitment. Major carriers "are focusing on pre-paid as a growth engine," says analyst John Weber of IDC. The research firm estimates the pre-paid market will grow 7.4% a year on average until 2016. Along with pre-paid cell phones, pre-paid landline carriers are making headlines with offering no contract phone service to homes and businesses. Providers of local telephone services like Everybody's Phone Company (PINKSHEETS: EVPH) and Telstra (Australia) offer any individual who has been denied access by their local providers, or to those individuals who do not wish to purchase services from their regional operating company. The service is provided on a pre-paid basis before monthly service begins, therefore eliminating deposit requirements, credit checks, ID, or social security questions. As landline subscribers continue to fall nationwide, pre-paid options could rise as a viable option in households and businesses that rely more on mobile phones as a primary way of making calls. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Information, opinions and analysis contained herein are based on sources deemed to be reliable and are subject to change without notice. A third party has hired and paid Century Capital Research one thousand two hundred and ninety five dollars for the publication and circulation of this news release. Accordingly, certain information included herein may be forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. However, no representation, expressed or implied, is made as to the accuracy, completeness or correctness. In light of the above, we accept no liability for any losses arising from an investor's reliance on or use of this report. We do not and have not had any ownership interest in said third party of any kind. Century Capital Research firstname.lastname@example.org
No-Contract Phone Market Gains Steam
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