Saturday, April 28, 2012

Monthly smartphone bills down at AT&T

FILE - In this Oct. 18, 2011 file photo, a man using a cell phone passes an AT&T store, in New York. AT&T is gaining new wireless subscribers at the lowest rate in eight years, as the number of people joining the network through resellers and non-phone devices like the Kindle is dropping sharply. (AP Photo/Mark Lennihan)Hidden in AT&T Inc.'s financial statements is a story that runs counter to its optimistic profit projections: The company is generating less revenue from each new smartphone subscriber.


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