AT&T

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Lower-Income Buyers Snatch Up iPhones

Increasingly, consumers are turning to the iPhone for music, Web browsing and calls

(Newser) - Lower-income households are snatching up iPhones at a faster rate than their more financially flush counterparts, reports the Wall Street Journal, potentially attracted by its multiple uses—and single fee. By relying on the “Swiss-Army knife kind of device” to make phone calls, listen to music, and access the...

Dow Sinks 514 on Bad Earnings
 Dow Sinks 514 on Bad Earnings 
MARKETS
Oct 22, 2008 3:32 PM CDT

Dow Sinks 514 on Bad Earnings

Third-quarter reports detail suffering across the board

(Newser) - Stocks continued yesterday’s decline amid a wave of poor earnings reports across the board, the Wall Street Journal reports. The Dow, down at one point nearly 700 points in the final hour, fell 514.45 to close at 8,519.21. The Nasdaq shed 80.93 points, closing at...

McCains Get Free Cell Towers at Ranch
McCains Get Free Cell Towers at Ranch
Oct 16, 2008 12:01 AM CDT

McCains Get Free Cell Towers at Ranch

Ethics lawyers cite his Senate post overseeing telecom industry

(Newser) - Verizon and AT&T provided portable cell phone towers to John McCain's Arizona ranch free of charge soon after he launched his presidential bid, the Washington Post reports. The companies say it's a unique situation—a modern candidate has to be plugged in, after all—but ethics lawyers say it's...

Google Keeps Up Battle for Open-Access Cells

Phone operators balk at plans to loosen mobile networks

(Newser) - Google renewed its battle for open cell phone networks this week by filing for a new patent, CNET reports. The search giant filed to free smartphones from network-carrier agreements so users can tap into whatever connection is strongest and most affordable. But carriers mostly resist the notion, saying tight networks...

AT&T Rivals Pounce on iPhone Glitches

Dropped calls ring up a marketing opportunity for other networks

(Newser) - Glitches have plagued the new iPhone since its release and AT&T's rivals are gleefully capitalizing on customers' griping, the New York Times reports. It's still unclear whether Apple or the wireless network is to blame, but companies like Verizon aren't letting the opportunity slip by. “A phone is...

Mixed News Keeps Gains Slim
 Mixed News Keeps Gains Slim 
MARKETS
Jul 23, 2008 3:15 PM CDT

Mixed News Keeps Gains Slim

Markets absorb gloomy Fed data and continued oil drop

(Newser) - The markets pared earlier gains to end just slightly positive today, amid mixed earnings reports and a gloomy-but-expected Federal Reserve data on the US economy, the Wall Street Journal reports. The Dow gained 29.88, closing at 11,632.38. The Nasdaq gained 21.92, settling at 2,325.88,...

Apple Sells 1M iPhones in 3 Days

Gadget posts phenomenal first weekend

(Newser) - The iPhone 3G turns out to be pretty popular, technical glitches or no. Apple sold 1 million units in its first weekend, Bloomberg reports, sending the company’s shares up 3.5%. As of last night, half of the company’s 187 US retail outlets were already sold out. “...

Without AT&T Contract, iPhone 3G Runs $600

Price doesn't quite add up, analyst says

(Newser) - AT&T will sell contract-free iPhone 3Gs for $600 (the 8-gig model) and $700 (16 gigs), a $401 mark-up, the New York Times notes. There are no details available on why a consumer would want the phone without the, er, phone, but AT&T says there is a demand—and...

Not Just iPhone&mdash;iRadio!
 Not Just iPhone—iRadio! 
GADGETS
Jun 13, 2008 9:00 PM CDT

Not Just iPhone—iRadio!

The new gadget supports AOL Radio's new app, for free

(Newser) - Apple’s new iPhone will provide free, CD-quality radio from 200 stations in 25 genres—even if that does cut into iTunes' music business, Saul Hansell blogs in the New York Times. But Apple knows that it will "fare best if it makes the iPhone as useful as possible,...

This Bid's for Bud: Belgian Brewer Offers $46B

InBev wants to buy Anheuser-Busch

(Newser) - The Belgian-based brewer InBev has made a $46 billion cash bid for US beer giant Anheuser-Busch in what would be one of the largest foreign acquisitions of an American corporation, the Wall Street Journal reports. If it goes through—a prospect that is far from certain—the 132-year-old Budweiser brand...

Verizon Seeks Alltel Deal, Challenge to Top Dog AT&T

Wireless companies are in negotiations to cover 80 million customers

(Newser) - Verizon Communications is in negotiations to buy wireless carrier Alltel, a merger that would cover 80 million US subscribers and create the nation's biggest cell-phone company, the Wall Street Journal reports—though the potential $27 billion deal could easily fall through. But if it's consummated, and the feds see no...

FCC to Examine Cancellation Fees for Cable, Phone, Web

Agency responding to consumer complaints

(Newser) - The FCC says next month’s hearing on cell phone cancellation fees may also include similar charges leveled by cable and Internet providers. Chairman Kevin Martin hopes the hearing will ease consumer tension over the fees, which were among cell phone users’ five most common complaints last year, the Washington ...

Cell Phone Market Nears Saturation

Which means services for customers should get better

(Newser) - The number of Americans signing up for cell phone service is slowing down after more than a decade of explosive growth, reports USA Today. Within a couple of years, experts say, just about everybody who wants a cell phone will have one, meaning good news for consumers as companies focus...

AT&amp;T Starts Rationing iPhones
AT&T Starts
Rationing
iPhones
May 15, 2008 10:02 AM CDT

AT&T Starts Rationing iPhones

Shortage is fueling speculation that new model is near

(Newser) - AT&T is limiting customers to one iPhone purchase each to keep the popular product in stock longer, according to a newsflash sent to managers and picked up by the Boy Genius Report, and Apple's online stores have already sold out of iPhones. Apple is known for managing its stock...

Consumers Giving Up Landlines
Consumers Giving Up Landlines
May 14, 2008 8:29 AM CDT

Consumers Giving Up Landlines

One-sixth of US households are now wireless

(Newser) - Mobile and Internet-based phones are replacing landline phones in US households as younger Americans lead a movement to newer technologies, reports USA Today. The number of homes depending on wireless phones jumped 159% between 2004 and 2007. Nearly 35% of people 25-29 years old lived in wireless-only households in the...

AT&amp;T Offers TV Phone Service
 AT&T Offers TV Phone Service 
May 1, 2008 10:10 AM CDT

AT&T Offers TV Phone Service

Mobile TV programming includes 10 channels, including ESPN, CBS, and CNN

(Newser) - After nearly a year-long delay, AT&T has jumped into the competition for TV viewers on the go. Beginning Sunday, the telecom will offer mobile TV service on two handsets, offering 10 channels of programming for $15 a month, reports the AP. AT&T will offer the service in Atlanta,...

ATT to Offer Half-Priced iPhone

 ATT to Offer Half-Priced iPhone 
Apr 30, 2008 11:43 AM CDT

ATT to Offer Half-Priced iPhone

Rumor has it that AT&T will underwrite $200 of the handset's cost

(Newser) - The new iPhone will have not only a GPS chip and a slimmer silhouette, but a much lower price tag than its predecessor, Fortune reports. AT&T will subsidize as much as half the cost of each phone bought along with a 2-year contract, a source tells Fortune, bringing the...

Competition for Cable Customers Turns Nasty

The cable wars turn nasty as telcos fight for a beachhead

(Newser) - The battle for a larger share of TV customers has taken a nasty turn as companies like Time Warner, DirecTV, and Verizon hone ad campaigns highlighting rivals' shortcomings, the Wall Street Journal reports. It's not the first time operators have taken shots at each other, but it signals a ramping-up...

AT&amp;T Delays New BlackBerry Rollout
AT&T Delays New BlackBerry Rollout
Apr 25, 2008 4:12 PM CDT

AT&T Delays New BlackBerry Rollout

Slated June debut of competing 3G iPhone may be the cause

(Newser) - Research in Motion’s latest BlackBerry has been delayed two months, Fortune reports. The Meteor phone, to run on AT&T’s 3G network, was pushed back from June to August. No reason was given, but sources say AT&T had concerns about audio quality.

Wireless Drives AT&amp;T Growth
 Wireless Drives AT&T Growth 
earnings report
Apr 22, 2008 2:43 PM CDT

Wireless Drives AT&T Growth

Company posts 22% increase in net income for Q1 despite dip in landline earnings

(Newser) - AT&T posted a 22% increase in net income during the first quarter, thanks to strong growth in its wireless unit. Its wireless earnings nearly doubled, while landline earnings dropped 2.1%. The company’s net income was $3.46 billion (57 cents a share), compared to $2.85 billion...

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