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This, most likely. Looking into it a little

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xxrayeyes Member Level  Tuesday, 08/12/03 09:30:15 AM
Re: Ruellit post# 300
Post # of 2267 
This, most likely. Looking into it a little more. Revs have been declining due to this and a Cingular Wireless contract expiration. I am trying to determine what the end result will be as far as revenues are concerned.

In October 2002, Sprint PCS notified us that they would not be signing a new contract with us upon expiration of the existing one. Sprint PCS accounted for approximately 32% and 33%, respectively, of our revenue in the three and nine month periods ended September 30, 2002 and approximately 32% in both the three and nine month periods ended September 30, 2001. We expect that the call volume from Sprint PCS will transition away from us during 2003, although no transition agreement has been made as of the date of this filing. The lack of a contract with Sprint PCS will likely have a material adverse effect on our financial position and future operating results, as well as our operations, although it is not possible to determine the exact nature of those effects, their magnitude or timing at this time.


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