Business

Chris Cantell Discusses Business: AT&T going solo
by Claudia Sonea

When AT&T Inc. went into business with Apple everyone was happy, especially the subscribers. But the deal they signed was not among the most advantageous as the regular phone business usually is because AT&T had to share monthly revenue of with Apple. AT&T was contempt to be the iPhone's exclusive U.S. carrier up to now when they decided to go for the usual formula and subsidize the new model of iPhone that will be launched on the market. This decision will affect not only its revenue, but already its shares have lost points on Wall Street. Although the carrier did not revealed anything on the subsidy in order to avoid losses it will have to sell around 3 million of the new iPhones per year. The phones business usually supposes for the carrier to buy the phones from the manufacturer and then subsidize it in the exchange of a two year contract. As subscribers we are the winners as it will allow us to buy an iPhone at half the price it was sold up to now. Wait, don’t get excited yet as even if the phone will be cheaper, the services will be more expensive: $39.99 per month, plus $30 for unlimited data which is cheaper than the $35 it charges for the BlackBerry phones and Windows smart phones. We would have to pay for the new iPhone $199 and we can purchase it only starting July 11. If you want you can spend $299 and get an iPhone at twice the memory: 16 GB and thinking that until now it was sold at least for $399, the deal seem more than fair. AT&T is also happy with the iPhone subscribers as they pay more than $90 per month for service. However, only 20 percent of the subscribers are using the 3G network that is available in 275 markets. More to come…

related story: http://news.yahoo.com/s/ap/20080609/ap_on_hi_te/at_t_iphone;_ylt=Aug9wdAqls_IRcQgVlISzAms0NUE

by Claudia Sonea for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.<br><br><font size=2>These news are original content from young talents around the world and are selected for you by Chris Cantell.</font><br>
edited by: Lenka Macurakova

Labels: Business, CantellTV, Chris Cantell, Christopher Cantell, digital broadcasting, SigEx Foundry, SigEx Telecom

posted by Blog TechSource @ 3:17 AM