News Glossary of Terms FAQs Polls Cool Links SpeedGuide Teams SG Premium Services SG Gear Store
Registry Tweaks Broadband Tools Downloads/Patches Broadband Hardware SG Ports Database Security Default Passwords User Stories
Broadband Routers Wireless Firewalls / VPNs Software Hardware User Reviews
Broadband Security Editorials General User Articles Quick Reference
Broadband Forums General Discussions
Advertising Awards Link to us Server Statistics Helping SG About
The Broadband Guide
search advanced
 forgot your password?

AT&T earnings rise but new wireless subscribers slow

2012.04.24 12:48 by Daniela
Tags: AT&T, Wireless


On Tuesday, AT&T revealed that it essentially gained no phone subscribers on contract-based plans in the first quarter of 2012. That's only happened once before: A year ago, when Verizon launched its version of the iPhone.

The largest telecommunications company in the U.S. says it gained a net total of 726,000 wireless subscribers in the first quarter. That's less than a third of the number of subscribers added in the same period last year. That was the lowest figure in eight years, and less than a third of the number of subscribers added in the same period last year.

Weak subscriber figures are usually good for a phone company's earnings in the short term, since it doesn't have to subsidize the purchase of new devices. Meanwhile, AT&T shares rose in premarket trading. The shares are close to a four-year high of $31.97 hit a month ago.

Read more -here-


  Post your review/comments
comment discuss top

exec. time: 0.00513 s
Copyright © 1998-2014 Speed Guide, Inc. All rights reserved.
Terms of Use | Privacy Policy