November 20, 2008 |
AT&T Inc. didn't conspire to fix the rate for long-distance surcharges paid by customers, a Kansas jury said Wednesday, rejecting a $400-million claim against the largest U.S. telephone company. The federal jury in Kansas City, Kan., also ordered AT&T to pay $16.9 million to California residential customers who accused the company of breach of contract in the same trial.
November 5, 2008 |
AT&T Inc. customers who obsessively play World of Warcraft while downloading dozens of movies: Your days of online impunity may be numbered. AT&T has joined the ranks of telecommunications companies that are exploring the idea of limiting the amount of bandwidth that subscribers can use each month. The company began this month to apply such limits, testing the policy first in Reno. Subscribers to AT&T's slowest Internet service there will be limited to downloading 20 gigabytes of data per month.
October 23, 2008 |
AT&T Inc.'s earnings rose 5.5% in the third quarter but missed analyst expectations because of strong sales of Apple Inc.'s iPhones, which the carrier subsidizes. The company said it earned $3.23 billion, or 55 cents a share, in the July-September period, up from $3.06 billion, or 50 cents, a year earlier. Excluding $1.1 billion in merger-related costs, the Dallas-based company earned 67 cents a share. Analysts polled by Thomson Reuters were expecting 71 cents. AT&T's profit took a hit of $900 million, or 10 cents a share, in subsidies for the 2.4 million iPhones it sold, and 2 cents a share in hurricane damage.
August 17, 2008 |
On Sept. 1, AT&T Inc. will cut the number of free 411 calls offered to customers each month to one from three. At first glance, that seems like a fairly small thing. But it reflects a bigger trend -- a systematic stripping away of phone services that once were provided free or for a nominal charge, and a steady increasing of fees for other services. A couple of years ago, state regulators granted phone companies the freedom to price services pretty much as they pleased.
June 11, 2008 |
When Apple Inc. Chief Executive Steve Jobs announced the new price of the iPhone 3G on Monday, the number $199 fell from the top of the screen behind him. It bounced with a satisfying "boing" sound, akin to those old ads on daytime TV: "This set of knives can be yours for only $19.99!" Apple's marketing slogan for the new iPhone, which runs on a faster wireless network, is "twice the speed at half the price." But, as usual, there's a catch. People are starting to do the math and realizing that the new iPhone will actually cost more than the current versions -- but the payments are spread out. It's like an iPhone financing plan, sponsored by AT&T Inc. Yes, the new iPhone, which goes on sale July 11, will cost $200 less than the current version.
February 12, 2008 |
Starbucks Corp. and AT&T Inc. will start offering a mix of free and paid wireless Internet service in most of the international coffee retailer's U.S. shops, beginning this spring. The move announced Monday ends a six-year partnership with T-Mobile, which did not include free Wi-Fi and charged higher fees than AT&T will. Starbucks said it would give customers who use a Starbucks card two hours of free wireless access per day. More time than that will cost $3.99 for a two-hour session.