Telecom & Wireless
AT&T Adds More Wireless, Broadband Subscribers
Published:
Last Updated:
AT&T added nearly 300,000 postpaid wireless subscribers in the first quarter, with a burst of 365,000 new tablet subscriptions leading net additions of connected devices totaling 431,000. With more than half the U.S. adult population already owning smartphones — and 90% owning a cell phone of some kind — AT&T and its chief rival, Verizon Communications Inc. (NYSE: VZ), need to keep finding ways to boost subscriber numbers.
AT&T reiterated its guidance for revenue growth of 2% in 2013. The company also expects second-quarter wireless EBITDA margins to be comparable to the first quarter’s 43.2%.
A somewhat less-rosy outlook is related the company’s consolidated margins, which AT&T now expects to be down year-over-year. The company said this is due to “strong consolidated customer additions and investments in new growth opportunities.” In other words, it is getting more costly to keep adding subscribers.
AT&T’s shares are inactive in the premarket this morning, having closed last night at $35.81 in a 52-week range of $32.71 to $39.00.
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.