Saturday, 10 December 2016

AT&T swings back to Q4 profit but wireless net adds fall

By Nick Wood, Total Telecom
Wednesday 29 January 14

U.S. telco's downbeat outlook shows that competition is starting to bite.

AT&T late Tuesday announced it swung to a healthy fourth quarter profit but its wireless net additions trailed significantly those of closest rival Verizon. In the three months ended 31 December 2013, AT&T added 809,000 new mobile users, of which 566,000 were lucrative contract customers…

AT&T late Tuesday announced it swung to a healthy fourth quarter profit but its wireless net additions trailed significantly those of closest rival Verizon. In the three months ended 31 December 2013, AT&T added 809,000 new mobile users, of which 566,000 were lucrative contract customers…

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