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Taxpayers must pay the freight for over-budget train projects
Topic - Ralph De La Vega
The flow of customers into AT&T's wireless stores slowed further in the latest quarter, putting the company far behind rival Verizon Wireless.
U.S. consumers have had their fill of expensive, contract-based phone plans.
Six months after AT&T's deal to buy T-Mobile USA collapsed, T-Mobile's TV ads are going back on the attack against a favorite target: AT&T Inc.
The head of AT&T's wireless business says he's looking to introduce plans that share a data allowance among family members, similar to the way it sells family calling plans.
Hidden in AT&T Inc.'s financial statements is a story that runs counter to its optimistic profit projections: The company is generating less revenue from each new smartphone subscriber.
When Verizon Wireless started selling the iPhone, AT&T sounded a defiant note, saying that its customers would remain loyal. A year later, it's clear that the Verizon iPhone has crimped AT&T's stride.
Running one of the nation's biggest wireless networks has been a reliable way for AT&T to boost revenues, quarter after quarter, as people loaded up on phones, and then traded up to smartphones.
AT&T Inc. said Monday that if its deal to buy T-Mobile USA goes through, T-Mobile subscribers with "3G" phones will need to replace those to keep their wireless broadband service working. But there will be plenty of time to do that.
AT&T Inc. says it is on track to start rolling out its next-generation wireless technology in the second half of this year; in the meantime, the company joined handset makers Wednesday to show off several smart phones that will take advantage of a speedier version of the current network.
The company's strategy now is to expand services, getting existing customers to spend more, for instance by hooking up their homes to AT&T's security and automation services, he said.
"We're not reliant on connecting more people," said Ralph De La Vega, the head of AT&T's wireless division, on a conference call with analysts.