AT&T has great 4th quarter, nets $3 billion for the period28
The 2.7 new additions topped the 2.2 million new customers at Verizon Wireless, the Nation's larget cell carrier. However, of the 2.7 million, only 910,000 were added under contract compared to Big Red's 1.2 million contract additions in its last quarter. Still, the telecommunications giant seems to have the early lead on non-phone cellular devices like E-book readers, adding 1 million such non-phone accounts in the 4th quarter. The carrier has deals to provide service for the newest versions of Amazon's Kindle, Sony's Reader and Barns and Noble's Nook.
In other news, AT&T said it is ahead of schedule in upgrading its 3G network to the 7.2Mbps speed of HSPA. Ten AT&T handsets, including the iPhone 3GS, are currently enabled for the new pipeline. The company also defended the quality of its network, saying that enhancements have been made in high data usage areas like San Francisco and New York.
source: AT&T via Yahoo, NYTimes