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.
January 25, 2008 |
AT&T Inc., the biggest U.S. phone-service provider, said profit increased 62% after it added a record 2.7 million wireless customers. But sales missed analysts' estimates after the company cut off more home-phone subscribers who failed to pay bills. Fourth-quarter net income increased to $3.14 billion, or 51 cents a share, from $1.94 billion, or 50 cents, a year earlier. Sales almost doubled to $30.3 billion, short of the $30.5-billion average of analysts' projections.
January 9, 2008 |
Shares of AT&T Inc. had their steepest drop in nearly five years after Chief Executive Randall Stephenson said Tuesday that slowing economic growth had led to "softness" in the company's home phone and Internet businesses. The shares fell 4.6%, helping to spark a broader decline in U.S. stocks, after Stephenson said AT&T was disconnecting more home-phone and high-speed Internet customers for failing to pay their bills.
November 7, 2007 |
AT&T Inc. said it would spend more than planned on U-verse, but it scaled back its outlook on how widely the high-speed Internet and video service would be available by the end of 2008. The San Antonio-based phone company said it expected total spending on the service from January 2007 to the end of 2008 to be $4.5 billion to $5 billion, up $500 million from its previous outlook.