Broadband Internet service is still painfully expensive in the United States and to make matters worse, a new study shows that most American households aren’t getting the fast data speeds they are paying for. More →
AT&T has come under a constant barrage of criticism from rival T-Mobile over the past year but so far it hasn’t affected the carrier’s bottom line. In its Q1 2014 earnings report released Tuesday, AT&T reported earnings of $0.71 per share on $32.5 billion in revenue, which beat the consensus estimate of $0.70 per share on $32.41 billion in revenue. What’s more AT&T also posted a net addition of 625,000 postpaid subscribers on the quarter, which the carrier says represents its best Q1 for net postpaid additions in five years. Including prepaid subscribers, AT&T added more than 1 million net subscribers on the quarter. More →
AT&T knows that it can’t beat over-the-top content providers such as Netflix and Amazon, so it figures it might as well join them. AT&T announced on Tuesday that it has joined with the Chernin Group media holding company to invest $500 million in a new venture that will “acquire, invest in and launch over-the-top (OTT) video services.” This is particularly interesting because it’s the first time we’ve really seen a company that offers pay TV services make this kind of big investment in over-the-top video. Cable companies such as Comcast and Time Warner Cable have traditionally done their best to wall off live cable TV programs from the Internet, but the popularity of over-the-top services such as Netflix, Hulu and Amazon Instant Video has apparently grown too big for AT&T to ignore. The company’s press release announcing the venture follows below. More →
AT&T is signaling that it has plans to aggressively expand its 1Gbps Internet service offering. Following an announcement earlier this month that it was in talks to bring its 1Gbps Internet service to North Carolina, AT&T announced on Monday that it’s in talks to bring 1Gbps Internet service to 21 new major metropolitan areas, including Atlanta, Chicago, Los Angeles, Miami and San Francisco. More →
It pays to be an executive in one of the hottest industries on the planet. Very well, in fact. Fierce Wireless has compiled a list of the top 10 highest paid CEOs in the wireless industry in 2013, featuring many familiar faces, but leaving out some of the biggest names in the wireless world. As for notable omissions, Tim Cook didn’t rank among the top 10 for the first time in several years, and Stephen Elop disappeared as well. T-Mobile CEO John Legere is also absent from the list, but T-Mobile has yet to announce executive compensation for last year. More →
Is North Carolina about to become a major battleground in the fight to bring 1Gbps Internet service to fiber-hungry Americans? AT&T on Thursday announced that it’s in “advanced discussions with the North Carolina Next Generation Network (NCNGN) to deliver AT&T U-verse with GigaPower” to six cities in North Carolina: Carrboro, Cary, Chapel Hill, Durham, Raleigh and Winston-Salem. For those of you who don’t recall, Google said earlier this year that it’s also considering expanding its Google Fiber network to the Raleigh-Durham metropolitan area in North Carolina, which means that lucky residents in those cities could conceivably have a choice between two different ISPs that offer 1Gbps Internet service. More →
AT&T is now following Comcast and Time Warner Cable by coming out with a low-cost option for subscribing to a basic cable package that will include HBO as a way to lure cord cutters back into the fold. As DSLReports notes, AT&T is offering U-Verse subscribers a basic TV package with HBO and 18Mbps Internet service for just $40 per month over the first year. The usual caveats apply, of course: The service is only $40 per month for the first year and jumps to $70 a month after that. The package also doesn’t include HD service, which will set you back by another $10 per month, and it will require you to pay a $99 installation fee. So really, AT&T’s offer isn’t as good as it first sounds but it could still be a welcome one for any Game of Thrones fans who want to watch their favorite show without forking over $100 or more per month for pay television services.
According to data from the Federal Communications Commission, about one-third of households in the United States have no choice when it comes to home broadband service. In other words, if they want reasonably fast home Internet service and they live in an area with access to wireline broadband, there is only one company they can pay. Another 37% of American households have a choice between just two Internet service providers for home broadband, which is defined by the FCC as Internet service with download speeds of just 4Mbps or more.
Why is the current state of home Internet service such a mess for consumers? One of the biggest reasons is so obvious that you might not have even considered it. More →
Call Google “evil” all you want — I personally love how “evil” Google is — but there is no other company on the planet that can shake things up and disrupt the status quo like Google. Armed with a massive advertising business and an uncanny ability to collect and utilize data in amazing ways, Google has time and time again shown us that it’s not afraid to roll the dice and bet big when it comes to breaking into new categories.
AT&T pulled in a staggering $128.8 billion in revenue in 2013. The company’s operating income for the full year totaled more than $30 billion. According to the company’s mobile boss, however, the extra capacity needed to deliver popular services over the Internet to its customers is an expense AT&T should not have to bear.
Both T-Mobile CEO John Legere and Sprint chairman Masayoshi Son want you to believe that you’re paying too much for your monthly wireless bills at AT&T and Verizon. AT&T mobile chief Ralph de la Vega, however, says you shouldn’t listen to them because you’re really getting a great deal with your monthly wireless service. Re/code reports de la Vega told the Rutberg Global Summit in Atlanta on Tuesday that the American wireless industry is very healthy and is delivering terrific value to consumers by offering the broadest LTE networks in the entire world.
Here’s a fresh idea: Let’s allow ISPs to do whatever they want and see what magical things they decide to do for consumers! At least, that’s the idea that AT&T pitched to the Federal Communications Commission last week in a filing for the FCC’s upcoming “Protecting and Promoting the Open Internet” proceeding. Ars Technica reports that AT&T said in its filing that net neutrality restrictions are pointless because it wouldn’t make economic sense for ISPs to degrade traffic for popular video streaming services such as Netflix and Hulu. Why? Because doing so would supposedly cause a major backlash and would push customers en masse into the arms of competitors. You know, because America has such a robustly competitive market for home broadband services.