Q3 results don’t show any signs of slowdown

Q3 results don’t show any signs of slowdown

At the beginning of each year, I sit down and put down a forecast for data revenues for each major operator. So, far we have been hitting each of these numbers down to the first decimal. I was eager to see if we see signs of slowdown during Q3. From ATT and VZ numbers, there is no current indication of things holding back though we might not see the actual indication until Q4 or even Q1 results. A seasonally better Q4 might mask some of the issues in the market at least temporarily but Q1 might be more indicative of the under currents in the mobile industry. In anycase, I am holding judgement until we have all the results out for Q3.