AT&T is making a big bet on its global enterprise operations with plans to invest nearly $10 billion in its networks to boost the reach of wireless, cloud storage and security services.
Tech heavyweights continue to gradually coalesce behind Apple, voicing support for the company's defiance of a judge's order to help the FBI hack an iPhone linked to December's San Bernardino shootings. But major U.S. wireless service providers still aren't backing Apple CEO Tim Cook.
Some tech companies are slowly coming out of the woodwork in support of Apple CEO Tim Cook, who yesterday posted an open letter explaining why his company is defying a California judge's order to crack an iPhone linked to the horrific San Bernardino shootings in December.
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.