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AT&T CEO Warns of Higher Prices in Wake of T-Mobile Failure

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May 3, 2012, 7:55 AM   by Eric M. Zeman

AT&T CEO Randall Stephenson said that consumers should expect to see the price of wireless services increase, which he attributes to the company's failed bid to purchase T-Mobile USA. Speaking at the Milken Institute's conference on Wednesday, Stephenson said that the wireless market can't sustain the current number of competitors and that consolidation would have helped. The FCC and Department of Justice blocked AT&T's attempt to purchase T-Mobile USA last year. AT&T has already raised some fees charged to consumers this year, but Stephenson didn't spell out any specific future price increases.

more info at Wall Street Journal »

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Subject Author Date
GOOD! CellStudent May 4, 2012, 12:17 PM
A look at the future JBlaze74 May 3, 2012, 10:11 AM
Ralph De La Vega Mark_S May 4, 2012, 6:20 AM
Could ATT become the next Sprint and start bleeding customers? Jayshmay May 3, 2012, 8:41 AM
Enter AT&T haters... Jellz May 3, 2012, 8:00 AM
sorry at&t customers vedelorme May 3, 2012, 10:25 AM
I Generally Find acdc1a May 3, 2012, 8:26 AM
Next news flash is AT&T to lose customers for raising prices..... tether May 3, 2012, 1:16 PM
Message from AT&T Executive: planethulk May 3, 2012, 12:05 PM
Excuses...Excuses...Excuses Jacobsladder375 May 3, 2012, 8:07 AM
 
 
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