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Thursday, April 27...
AT&T Shows Declines in Revenue,
Profits for Q1 2017
AT&T published its financial
results for the first quarter of its 2017 fiscal year. The
company's revenue for the period was $39.36 billion, down
slightly from the $40.54 billion brought in during the first
quarter of the previous year. Net income fell in a similar
fashion, dropping, year over year, to $3.47 billion from its
year-ago perch at $3.8 billion. This produced earnings per share
of $0.56, compared to the $0.62 billion earned one year ago.
AT&T also reported fairly strong customer growth for its
wireless division, which saw branded net additions totaling
738,000. The company's other segments were not as productive,
with its Broadband business showing a net addition of just
90,000 subscribers, and its Video services losing a net total of
142,000. On these results, the company posted updated guidance
for its 2017 EPS growth in the "mid-single digit range".
Verizon Wireless Launches $80 Unlimited
introduced a new unlimited plan targeting its prepaid customers.
The just-released offering provides them with unlimited talk,
text, and data for $80 per month. As with most "unlimited"
plans, this one comes with a selection of restrictions,
including a limit of 480p resolution on video streams, a lack of
tethering support, and the possibility that users on this plan
will be de-prioritized "during times/places of network
congestion." However, if none of that is a deal-breaker,
subscribers will also gain access to free texting in 200
countries across the world, as well as free unlimited talk from
Canada and Mexico. The new subscription is available now to all
customers, including, for the first time, subscribers in Alaska.
More information about it and Verizon's other prepaid
subscriptions can be found at their
Comcast Brings DOCSIS 3.1-Based Gigabit
Broadband to Utah
Comcast announced that it
is bringing its 1Gbps broadband services to customers across the
state of Utah. The new installation will utilize the company's
DOCSIS 3.1 technology to provide the 1Gbps speeds over the
existing Comcast infrastructure in the region. As with previous
upgrades of this type, customers will be required to replace
their broadband modems with a model that supports DOCSIS 3.1 and
is capable of transmitting at 1Gbps speeds. The price for the
new service for customers in Utah will be $159.99 without a
contract. However, Comcast noted that it will test two
promotional prices across the state: one $70.00 per month offer
for customers in Provo, Salt Lake City, and North Ogden and
another $109.99 offer for subscribers in the rest of the state.
More information about the rollout is available at
Comcast's 1Gbps services Web
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