Telecom & Wireless

Worst PR Of The Day: AT&T (T)

AT&T (NASDAQ:T) has had trouble with its network, reported due to the huge amount of activity by Apple (NASDAQ:AAPL) iPhone customers. Today, the phone company’s PR firm, Fleishman-Hillard, put out a release saying that independent research showed AT&T had better connection speeds than Verizon Wireless in “six out of nine locations”.

Fleishman-Hillard then went on to highlight AT&T’s 3G disaster in New York City and San Francisco:

“AT&T has suffered in New York and San Francisco from better than average iPhone penetration. In these two cities, AT&T has been too successful in selling the iPhone, to the point where the network has been severely strained. While only two markets, these issues have had a large effect on customer perception due to their high-profile nature.”

It is good of them to keep those problems top of mind among the media.

PS. Fleishman-Hillard wanted it to be clear that the research was from PiperJaffray and not a traditional press release, although that is hair-splitting since the note went to people in the press.

Douglas A. McIntyre

The Average American Is Losing Momentum On Their Savings Every Day (Sponsor)

If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4%1 today. Checking accounts are even worse.

But there is good news. To win qualified customers, some accounts are paying more than 7x the national average. That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn a $200 bonus and up to 7X the national average with qualifying deposits. Terms apply. Member, FDIC.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.

1 https://www.fdic.gov/national-rates-and-rate-caps

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.