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Matt Niknam of Deutsche Bank asks when FirstNet, a broadband network for emergency workers, will become a potential revenue driver for $CCI. CFO Jay Brown said that $CCI doesn't have any insights on FirstNet. He added that based on public commentary, in late 2017 or early 2018, FirstNet might start affecting $CCI's revenue.
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.