Radio Shack Profits Affected By Low T-Mobile Sales
Reuters early morning report on the quarterly earnings of Radio Shack highlighted the weakness in the earnings based partially on T-Mobile sales. “RadioShack gave up a lot of compensation from AT&T and Sprint to carry T-Mobile, and this partnership doesn’t appear to be panning out the way management expected,” RBC Capital Markets analyst Scot Ciccarelli said last week. Sales at Radio Shack retail stores fell … [read full article]