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...Pete Ritcher, Cingular’s chief financial officer, said he expects its profit margin to approach 40 percent by the end of 2007 – in line with Verizon Wireless, the joint venture of Verizon Communications...
...The merger has also produced significant cost savings although Pete Ritcher, Cingular’s chief financial officer, blamed the company’s relatively lackluster profit margins on slight delays in reaping the...
...Peter Ritcher, chief financial officer, said Cingular would spend $7bn-$7.7bn this year on network upgrades including the roll-out of wireless technology....
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