Disney MVNO: In Process of Evaluating

Disney (NYSE: DIS) CFO Thomas Staggs spoke this morning at Merrill Lynch Media and Entertainment Conference in Marina Del Ray, and AlleyInsider picks up on it: Staggs said Disney has seen “some challenges” on Disney MVNO, and is “in the process of evaluating where we sit.” He said it needs scale to be successful…it will analyze the MVNO during its budget process and “decide just what our plan is going forward.” Translated, it means the going’s tough and it may close, for all you know.

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