AT&T Mobility plans to launch an upgraded version of the Cricket prepaid brand at the end of the second quarter, according to AT&T CFO John Stephens. AT&T closed on its $1.2 billion acquisition of Leap Wireless' Cricket brand and 4.5 million customers last month.
AT&T Mobility surprised the market by reporting 625,000 postpaid subscriber net additions in the first quarter, more than analysts had expected and the carrier's best first-quarter postpaid performance in five years.
AT&T Mobility was able to withstand an onslaught of competition from T-Mobile US and its other Tier 1 competitors in the first quarter, according to predictions from Credit Suisse analysts.
Now that the dust has settled, the nation's Tier 1 wireless carriers say their subscribers are largely protected against the Heartbleed Internet security bug, which was first disclosed last week. The bug affected open-source OpenSSL cryptography, which is used by millions of web servers around the world. The bug's disclosure prompted millions of people to change their passwords for fear that malicious hackers could use the Heartbleed bug to access their personal information.
AT&T Mobility's Aio Wireless prepaid brand is launching a new group plan that offers customers increasing discounts as they continue adding lines to a single account. The plans are similar to Sprint's "Framily" plans, which Sprint has been selling since January.
Verizon Wireless took the largest share of phone subscriber activations in the first quarter, according to a survey released by research firm Consumer Intelligence Research Partners.
AT&T warned that it would have to "reevaluate" whether it would participate in the FCC's planned incentive auctions of 600 MHz broadcast TV spectrum if the FCC places restrictions on how much spectrum it could purchase.
The first-quarter earnings season is already underway, and FierceWireless will be covering all of the reports on profit, revenue and industry trends from across the wireless market. Special report
The nation's largest wireless carriers and device makers banded together to support voluntary anti-theft measures for smartphones released starting next year. The action comes amid mounting efforts by state lawmaker to mandate so-called "kill switches" in smartphones and tablets that would render the devices useless if stolen.
In 2013 Sprint CEO Dan Hesse had probably his busiest year at the helm of the carrier since he came on board in late 2007, and the company handsomely rewarded him for his efforts. Hesse scored a total compensation package of $49 million in 2013, according to a filing with the Securities and Exchange Commission. That figure is far above Hesse's 2012 compensation and made him easily the highest-paid executive in the wireless industry last year.