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.
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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.
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