Last year, AT&T added more phone subscribers than the previous ten years combined.

Last year, AT&T added more phone subscribers than the previous ten years combined.

Chief executive John Stankey attributes that strong growth to AT&T’s network performance. It was also bolstered, in part, by deals offering free iPhones to new customers. Dallas-based AT&T was able to top analysts’ expectations with its fourth-quarter earnings Wednesday, bringing in $40 billion, up from $30 billion over the same time period in 2020.

Travelers interested in exploring central and western Vancouver Island will soon be able to do so with greater confidence. Between Port Alberni and Tofino, Rogers has stated that it will fund the extension of cell phone coverage in the region, which will include the construction of six new towers and the upgrade of two more. The route, which was popular year-round as visitors and residents alike travelled between Port Alberni and Tofino/Ucluelet, had intermittent coverage.

Stankey said Dallas-based AT&T is now in the “middle innings” of its transformation as the company gets set to part ways with its video and entertainment businesses. Its deal to merge WarnerMedia with with Discovery is now expected to close in the second quarter of this year despite antitrust scrutiny from Democratic members of Congress. “We’re well-positioned post deal close to have a capital structure and balance sheet that puts us in an attractive position relative to our peers,” Stankey told analysts Wednesday.

Disclaimer: If you need to edit or update this news from compsmag then kindly contact us Learn more

For Latest News Follow us on Google News


Latest Headlines
  • Show all
  • Trending News
  • Popular By week
This September, The Lord of the Rings: Gollum Protects the Precious will be released for PS5 and PS4
This September, The Lord of the Rings: Gollum Protects the Precious will be released for PS5 and PS4
The game, which stars the iconic Gollum as the player character, is scheduled for launch on 1st September 2022. It explores the creature’s journey in the ...
Nintendo’s blue Switch Lite is now available for $185
Nintendo’s blue Switch Lite is now available for $185
The Nintendo Switch Lite is the handheld-only version of the standard Nintendo Switch and Switch OLED. With its sleek, unibody design, it’s smaller and ...
Grasim Industries fourth quarter net profit jumps 56% to Rs 4,070 cr;  revenue increases 18%
Grasim Industries fourth quarter net profit jumps 56% to Rs 4,070 cr; revenue increases 18%
Grasim Industries’ total expenses were at Rs 25,786.54 crore, up 23.45 per cent in the March quarter of FY 2022, as against Rs 20,887.16 crore a year ago. ...
Chinese economic recovery faces new hurdle in rising energy costs
Chinese economic recovery faces new hurdle in rising energy costs
The moves come after global coal and gas prices soared following Russia’s invasion of Ukraine, and underscore the government’s focus on reducing emissions ...
FOREX-Dollar Rises As Snapchat Decreases Sentiment;  Australian coins and kiwifruit fall
FOREX-Dollar Rises As Snapchat Decreases Sentiment; Australian coins and kiwifruit fall
Despite the respite on Tuesday, the U.S. currency has been falling broadly alongside a decline in Treasury yields from multi-year peaks, with aggressive ...
Editorial: The phone scam has entered a new phase
Editorial: The phone scam has entered a new phase
Scammers use auto dialers to broadcast robocalls by the millions at low cost. Technology allows them to disguise the calling number as one that appears to be ...
India records 1,675 new Covid cases;  death toll at 524,490
India records 1,675 new Covid cases; death toll at 524,490
The count of recovered coronavirus cases across India, meanwhile, reached 42,600,737 — or 98.75 per cent of total caseload — with 1,635 new cured cases being ...
Windows for Android is updated by Microsoft
Windows for Android is updated by Microsoft
Advanced networking allows users to set up smart home devices such as speakers and security cameras with a compatible Android app. This feature is available ...
Tesla drags down the S&P 500 as Twitter Waffling like China hit the stock
Tesla drags down the S&P 500 as Twitter Waffling like China hit the stock
The issues facing the electric-vehicle maker’s stock are wide ranging. For starters, Tesla’s difficulties in China have become impossible to ignore, with ...
Glenmark introduces 'Hello Skin', India's first Whatsapp-based chatbot to help patients with fungal infections
Glenmark introduces ‘Hello Skin’, India’s first Whatsapp-based chatbot to help patients with fungal infections
Glenmark Pharmaceuticals Ltd. (Glenmark), an innovation-led global pharmaceutical company, has developed a digital patient education tool, ‘Hello Skin’ in ...
Show next
We will be happy to hear your thoughts

Leave a reply

Compsmag - Latest News In Tech and Business
Logo