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At December 31, 2015, $CTL had about 11.7MM access lines, or about 5.2% less than the number of access lines it operated at Dec. 31, 2014. $CTL estimates that the rate of its access lines losses will be between 5.0% and 6.0% over the full year of 2016.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.