Nearly three quarters after closing on its $49 billion purchase of DirecTV, AT&T CEO Randall Stephenson said the company is still ramping up its installation workforce for the satellite TV operator.
Resurgent customer growth of 214,000 subscribers for AT&T's recently acquired DirecTV division was offset in the fourth quarter by losses of 240,000 video subscribers for the legacy U-verse service.
AT&T is seeing more of its business customers migrate from TDM-based services to IP-based Ethernet and VPN, but the service provider continues to see softness in certain market segments like the oil and gas industry, which impacted its overall revenues.
AT&T CEO Randall Stevenson said Congress should determine U.S. policies regarding encryption rather than tech companies, The Wall Street Journal reported. Stevenson, speaking at the World Economic Forum in Davos, Switzerland, broke stride with Apple CEO Tim Cook, who has repeatedly objected to criticism of the encryption being used in iPhones.
AT&T CEO Randall Stephenson said his company's anticipated mobile video service will finally launch in January.
A top AT&T executive is concerned that the FCC's new net neutrality rules, which are now being challenged in court, create an ongoing air of uncertainty for all members of the telecommunications industry ecosystem.
AT&T CEO Randall Stephenson admitted that the company "blew it" by responding to a lifelong customer who suggested changes to Stephenson on AT&T's wireless and broadband services by sending him a letter from one of its top lawyers.
A lifelong AT&T customer who subscribed to four services from the carrier got an unexpected and sharp response from the company after he sent an email to AT&T CEO Randall Stephenson suggesting that AT&T make some changes to its offerings.
AT&T is finding that Network on Demand services are resonating in the marketplace as it now has over 200 customers worldwide. Although these new services will cannibalize its legacy T-1 and ATM data service revenue base, AT&T said that customers are willing to pay a premium for such services.
AT&T announced late Friday that its purchase of DirecTV has closed. The news ends more than a year of work by AT&T to purchase the satellite TV provider and creates the nation's largest pay-TV provider by customers. AT&T CEO Randall Stephenson added that AT&T now can offer "video streamed over the Internet to any screen."