AT&T CEO says Wall Street critics are wrong about the company's promotions

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

'We are actually gaining customers in a lot of different places and a lot of different ways,' AT&T CEO John Stankey says an investor conference.

““We are actually gaining customers in a lot of different places and a lot of different ways, and there isn’t any single answer to it. And I know folks want to continue to go back and say, well, it’s a high level of promotion that’s doing it. And that’s actually not correct.””

The telecommunications giant added a net of 813,000 postpaid phone subscribers in its latest quarter, more than rivals Verizon Communications Inc. VZ, +1.23% and T-Mobile US Inc. TMUS, -0.38% combined. The company has logged similarly sized subscriber hauls for numerous quarters, traction some analysts attribute to the company’s promotional tactics — AT&T T, +2.

Additionally, AT&T has “seen that same dynamic move into the upper end and mid part of the business market where our share performance has improved,” he said, according to a transcript of the presentation provided by Sentieo.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

🤡🤡🤡🤡🤡🤡🤡

Lol sounds like donald trump

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines