Think you got problems?

A North American Platinum Circle value reader takes up the gauntlet thrown down here last week with regards to run rate line loss for incumbents, and replies, "You ain't seen nothin' yet." Certainly, it would seem that 4 - 5% annualized line loss is fairly trivial when compared to the following tales of woe out of North America in the Q2 earnings season (annualized run rate = Q2 sequential loss x 4):

Overall lines lost

Bell Canada -5% vs. -2.68%
Telus -4.33% vs. -1.8%
SBC -6.36% vs. -4.92%
Verizon -6.52% vs. -4.96%
Bellsouth -7.32% vs. -4.76%

Residential lines lost

Bell Canada -7.44% vs. -4.32%
Telus -5.28% vs. -3.00%
SBC -9.08% vs. -5.72%
Verizon -9.32% vs. -5.8%
Bellsouth -10.12% vs. -6.32%

...and it gets worse on a state-by-state level

Verizon
Rhode Island residential -16.16%
N.Y. residential -13.68%
N.J. residential -9.64%
Wash. D.C. residential -9.52%

SBC
Michigan overall -11.8%
Ohio overall -10%
Texas overall -8.2%