In today's spotlight, FierceWireless takes a look at a $1.9 billion deal Verizon Wireless struck with AT&T Mobility to sell its rival a huge chunk of its 700 MHZ spectrum.
AT&T reported wireline revenues of $14.9 billion, down 0.5 percent year-over-year, but up 0.7 percent sequentially due to strong consumer and strategic business services growth. Once again, consumer services was the star performer in AT&T's Q4 2012 wireline results, rising 3 percent over the same period a year ago.
AT&T said Thursday that it surpassed 8 million total U-verse subscribers during the fourth quarter, as it gained 192,000 U-verse TV and 609,000 high-speed Internet customers.
AT&T Mobility posted strong postpaid subscriber net adds of 780,000 in the fourth quarter but its overall subscriber additions were down year-over-year. Overall, the company added 1.1 million total net wireless subscribers in the period, down from 2.5 million in the year-ago quarter when it added 1.03 million connected devices.
AT&T said Thursday that it had restored U-verse to the "vast majority" of subscribers in Florida, Texas and other states impacted by an outage that began Monday.
AT&T has been promising for some months that it is going to use wireless to expand its broadband footprint where applicable--including, especially, rural areas where it is not feasible to install wireline infrastructure. The carrier apparently took a step in that direction when it agreed to purchase the U.S. retail wireless operations of Atlantic Tele-Network (ATNI).
AT&T on Tuesday began offering a broader suite of networking services to multinational corporations that are expanding their presence in China through its long-running relationship with carrier partner China Telecom.
AT&T said Tuesday afternoon that an outage that left subscribers in Texas, Florida and several other states without U-verse TV or high-speed Internet service was caused by "an issue with a server that supports U-verse."
AT&T U-verse customers in several U.S. markets have been suffering from unexplained outages since as early as Monday morning, according to comments in forums on DSL Reports and an article in the Miami Herald. The company says it is "working around the clock" to resolve the issues.
AT&T Mobility said it will acquire Atlantic Tele-Network's retail wireless business, which still operates under the Alltel brand, for $780 million, in a deal that could give AT&T more spectrum holdings in key bands.