Morgan Stanley said Cingular Wireless is in a "close race" with Verizon Wireless for top subscriber adds for the first quarter. Morgan Stanley expects Cingular to add 1.124 million subscribers in the quarter "essentially even" with Verizon Wireless. Cingular is a joint venture between SBC Communications (nyse: SBC - news - people ) and BellSouth (nyse: BLS - news - people ). Verizon Wireless is a joint venture between Verizon Communications (nyse: VZ - news - people ) and Vodafone (nyse: VOD - news - people ). BellSouth is the first Baby Bell to report earnings, on Thursday, and serves as "a precursor of what is to come," Morgan Stanley said. The research firm expects BellSouth to earn 40 cents per share (two cents above the cons...
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