Phones

Merrill Lynch has carried out another of its interesting shop visits, taking in 80 stores in 4 USA regions. Following their store visits, they are maintaining their own estimates for handset sales, which do tend to be about 10% above industry expectations. Both Verizon Wireless and Sprint Nextel are expected to add 1.6 million customers each in Q1, with Cingular picking up 1.2 million and T-Mobile around 950,000 new customers.