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Verizon Wireless looks to have the hot hand in the cell-phone business as the second-quarter user tallies start coming in.
The nation's No. 2 wireless shop -- a venture of Verizon (VZ Quote) and Vodafone (VOD Quote) -- may match last quarter's strong showing by signing on 1.6 million net new users, according to a Merrill Lynch report. That's 100,000 more subscribers than Wall Street had expected Verizon to add, and the gains probably come at the expense of No. 1 Cingular, says Merrill.
Merrill cut its second-quarter sub-gain forecast for Cingular to 1.2 million from 1.3 million last week. ...
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