Citizens Communications CEO Maggie Wilderotter spoke at the same CitiGroup conference as Crowe, which was also the same venue in which AT&T CEO Randall Stephenson made comments about the softness AT&T was seeing in the consumer market. Stephenson's comments drove down AT&T's stock price, and the stock price of pretty much every other telecom firm, and may be blamed for global warming, as well.
Wilderotter said she sees no such softness among consumer segments in the rural markets served by Citizens. Stephenson had said some of AT&T's market sluggishness was from customers being disconnected for not paying their bills during increasingly difficult economic times, but Wilderotter argued telecom bundles should be especially resilient to economic downturn because consumers spend more time at home and want to keep their essential services up and running.
- see this story at Telephony
- Citizens Communications was in our very first Service Provider Spotlight