AT&T is trumpeting the news that they activated 1.9 million iPhones in the 4th Quarter although revenue was down year to year in the same quarter. This comes on news that Verizon also had a good 4th quarter.
I’m happy to hear that activations are up, but AT&T is also saying that the revenue hit was due in large part to their iPhone initiatives, while at the same time saying iPhone customers deliver higher revenue per user. They are also cutting capital expenditures by 10 to 15 percent. I’m guessing this means we won’t see any major improvements in the best advertised worst network on the planet. Sooner or later this is going to catch up with them.
Let’s hope sooner.
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