Worse still, AT&T was the only carrier to lose postpaid customers, according to BTIG analyst Walt Piecyk. Arch rival T-Mobile, for example, added 917,000 postpaid phone customers, or 1.3 million in total, during the same period.
T-Mobile is well known for its aggressive pricing and promotional activities. For a while now, it has been tempting AT&T and Verizon customers away with discounts on iPhones, a free year of Hulu, and cheaper contracts. Not to be left out, Sprint also joined the battle with its half price deal, which it extended earlier in the month. It’s not surprising AT&T has had a difficult few months. The affect of this has lowered the company’s wireless revenue to $18.9 billion, a nearly 5-percent fall from the same period in 2014.
AT&T’s not giving up, and there are some bright spots in its report. It added 469,000 prepaid customers in the fourth quarter, the highest out of all four major carriers. That took the total to 1.4 million for the full year, split between AT&T’s subsidiaries Cricket and GoPhone. It also has a new weapon to take on the T-Mobile threat, and pull back some postpaid customers — the revival of its unlimited data plans. Apparently, 500,000 eligible customers have already signed up.
Finally, it has also added a million connected car installations, showing its push into the automotive world is really taking off. It plans to connect 10 million cars in the next five years, thanks to a new partnership with Ford.
Editors' Recommendations
- 12 iOS 16.4 features that are about to make your iPhone even better
- Samsung may have just killed the Galaxy S10
- Samsung Galaxy Watch 6: the 6 things that would make it amazing
- Nomad’s hefty new MagSafe charger will stay exactly where you put it
- These Android apps are spying on you — and there’s no easy way to stop them
