In an recent webcast, Lowell McAdam, CEO of Verizon Wireless, said that “over the next six months or so you will see devices like Palm Pre and a second generation Storm,”
Although this is great news for Verizon, Sprint was not happy about the comments. Shares in Sprint Nextel Corp fell 2 percent after the comments from Lowell McAdam, as the highly anticipated Pre is seen as key to helping No. 3-ranked Sprint stem subscriber losses.
[Via]
