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CNN Live At Daybreak
Mobile Digits: Cell Phone Numbers Can Move if Switching Carriers
Aired November 03, 2003 - 06:17 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
CAROL COSTELLO, CNN ANCHOR: Time for a little 'Business Buzz' right now. Soon you may be able to go completely wireless by transferring your home number to a cell phone.
Carrie Lee has the exciting news live from the Nasdaq market site.
I sold that, didn't I?
CARRIE LEE, CNN FINANCIAL NEWS CORRESPONDENT: Yes, you did, Carol, more and more people likely to do this. The Federal Communications Commission is recommending that local phone companies be required to let consumers switch their home or business phone numbers to wireless phones starting on November 24. "USA Today" reporting this today.
Now remember the FCC has already ruled that cell phone carriers have to let consumers take their cell phone numbers with them if they switch carriers as of November 24. The only caveat in this home number portability is that the wired phone you want to switch has to be in the wireless carrier's local calling area. In other words, you can't take the number to a cell phone provider across the country.
Now obviously local phone companies have resisted this move. They say it's unfair, but the FCC recommending this. Looks like it's going to be more option for -- options for consumers. By the way, 5.8 million people have gone completely wireless. And if this all goes into effect, you can bet more people are going to jump on that bandwagon -- Carol.
COSTELLO: Especially if they can save some money. You've got that right.
LEE: Absolutely, make life a little easier.
COSTELLO: Quick look at the futures.
LEE: Yes, it looks like we could see a higher open for stocks. We saw one of the best weeks in about a month for the Dow, the S&P, the Nasdaq last week. The Dow, the S&P up over 2 percent, the Nasdaq up over 3 and things look a bit bullish this morning.
We'll get a reading on the manufacturing sector, once trading begins, coming from the Institute for Supply Management. Also, Kellogg reporting profits. The Street looking for 51 cents a share versus 49 last year. So it's been a pretty decent profit reporting season so far, we'll see what Kellogg's numbers look like when they come out.
COSTELLO: We'll keep an eye on them. Thank you. Carrie Lee live from the Nasdaq market site.
TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com
Carriers>
Aired November 3, 2003 - 06:17 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
CAROL COSTELLO, CNN ANCHOR: Time for a little 'Business Buzz' right now. Soon you may be able to go completely wireless by transferring your home number to a cell phone.
Carrie Lee has the exciting news live from the Nasdaq market site.
I sold that, didn't I?
CARRIE LEE, CNN FINANCIAL NEWS CORRESPONDENT: Yes, you did, Carol, more and more people likely to do this. The Federal Communications Commission is recommending that local phone companies be required to let consumers switch their home or business phone numbers to wireless phones starting on November 24. "USA Today" reporting this today.
Now remember the FCC has already ruled that cell phone carriers have to let consumers take their cell phone numbers with them if they switch carriers as of November 24. The only caveat in this home number portability is that the wired phone you want to switch has to be in the wireless carrier's local calling area. In other words, you can't take the number to a cell phone provider across the country.
Now obviously local phone companies have resisted this move. They say it's unfair, but the FCC recommending this. Looks like it's going to be more option for -- options for consumers. By the way, 5.8 million people have gone completely wireless. And if this all goes into effect, you can bet more people are going to jump on that bandwagon -- Carol.
COSTELLO: Especially if they can save some money. You've got that right.
LEE: Absolutely, make life a little easier.
COSTELLO: Quick look at the futures.
LEE: Yes, it looks like we could see a higher open for stocks. We saw one of the best weeks in about a month for the Dow, the S&P, the Nasdaq last week. The Dow, the S&P up over 2 percent, the Nasdaq up over 3 and things look a bit bullish this morning.
We'll get a reading on the manufacturing sector, once trading begins, coming from the Institute for Supply Management. Also, Kellogg reporting profits. The Street looking for 51 cents a share versus 49 last year. So it's been a pretty decent profit reporting season so far, we'll see what Kellogg's numbers look like when they come out.
COSTELLO: We'll keep an eye on them. Thank you. Carrie Lee live from the Nasdaq market site.
TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com
Carriers>