--(www.USEquityNews.com)-- 04/10/2008 - Wireless Communications industry alert provided by U.S. Equity News. MetroPCS (NYSE: PCS) and Leap Wireless, two low-cost regional wireless carriers with few overlapping markets, have been trying to find a way to combine their businesses even before the former went public a year ago. "They have been in on again, off again (merger) discussions for four years," said Michael Gary Nelson, an analyst with Stanford Group. Like many analysts, he believes a combination of the two, which would form a new national wireless carrier, "has a lot of merit."
Traditional wireline provider Embarq Corp. (NYSE: EQ) is offering a new cordless home phone that includes Internet-powered features it hopes will help it hold on to customers. The company, which lost 6.3 percent of its access lines in 2007 -- ending the fiscal year with 6.47 million -- expects to continue losing them at that rate or faster in 2008. Embarq began losing customers well before Sprint Nextel Corp. spun it off the local-phone division in 2006, but it remains the nation's fourth-largest traditional telephone provider.
RCN Corporation (NASDAQ: RCNI), a leading provider of video, data, and voice services to residential, small business and commercial customers, recently announced that it will issue first quarter results on Thursday, May 8, 2008 before market open. Management will conduct a conference call to discuss first quarter results and its strategic outlook that morning at 08:30 AM Eastern time. Please be sure to dial into the call 10 to 15 minutes before start time. The dial in number for the call is 888-529-1782, conference ID: 42794364.
Diamond I, Inc. (OTCBB: DMOI) announced recently that its second free online casino, VegasBetLive.com (www.vegasbetlive.com), opened to online players yesterday. VegasBetLive.com is a free Poker site for entertainment only and is legal for users in the United States. VegasBetLive.com features a users blog, where players can share their experiences and discuss the web site happenings. Both sites have also been integrated in a way that permits players to access each site's Poker tables using the same login information. VegasBetLive.com, like its sister site, IslandBlueCasino.net, has been designed to create a revenue stream for DMOI, through the use of click-through advertising programs, including Google Adsense(TM) and Amazon.com.
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