Road Believes Verizon Wireless Shutting Down CDPD Network
FREMONT, Calif. -(Dow Jones)- @Road Inc. believes Verizon Wireless is in the process of shutting down a Cellular Digital Packet Data network, with completion scheduled for the next several days.
In a press release Thursday, @Road said Verizon Communications also requested the discontinuation of services to substantially all its mobile resource management subscribers effective two days ago.
Shares of @Road recently changed hands at $4.15 in the premarket, according to Inet. Nasdaq-shares of the provider of mobile resource management programs closed Wednesday at $5.09, down 12 cents, or 2.3%.
Company Web site: http://www.road.com
-Eamon Beltran; Dow Jones Newswires; 201-938-5400; AskNewswires@dowjones.com
(END) Dow Jones Newswires "
Posted to the site on 2nd February 2006
