Technologies

AT&T Says It Continued to Grow Despite Giving Promotions the Boot

A second carrier warns that there will be fewer wireless deals in the future.

AT&T ended the year with more phone and internet subscribers, according to results from the last fiscal quarter.

The Dallas telecom company reported its earnings on Wednesday, noting 656,000 postpaid net phone additions in the fourth quarter, a metric used by the industry as shorthand for success and dependable revenue. AT&T said it gained customers even though it had less generous phone promotions and deals than its competitors.

Despite inflation and worries surrounding a recession, AT&T CEO John Stankey was cautiously optimistic about the company’s forecast for the year.

«The good news is, I think we’re through the worst of it,» Stankey said on a conference call, though he noted that geopolitical disruption could be a swing factor changing the carrier’s 2023 outlook.

The results come at a time when wireless carriers are tightening their belts through layoffs and pulling back on the kind of promotions and freebies they once offered to lure in new customers. On Tuesday, Verizon also said it was moving away from aggressive promotions even if meant short-term losses. Consumers can expect to see fewer wireless deals going forward.

AT&T also ended the year by surpassing its goal of covering 130 million people with its midband 5G, with the telecom company hitting the 150 million mark. Midband spectrum runs on a frequency of 5G that brings wider coverage and higher speeds to more places. The spectrum was mostly in its C-band frequency range, which AT&T paid $27 billion to acquire in 2021 and started rolling out last year. AT&T wasn’t clear about whether this number includes the 3.45 GHz frequencies of 5G midband that the carrier paid $9.1 billion to acquire a year ago. The carrier set a new target to cover 200 million people with midband 5G by the end of 2023.

AT&T lost 13,000 net prepaid phone subscribers in the last quarter, including customers for AT&T’s Cricket brand that rivals T-Mobile’s Metro and Verizon’s new Total affordable prepaid offerings.

The carrier posted 280,000 broadband fiber net additions, noting that its fiber customers now outnumber customers with older DSL and other internet services. AT&T touched on its Gigapower fiber joint venture with private equity company BlackRock Alternatives, announced just before the end of 2022, which Stankey likened to an opportunity in the early race for wireless phone service. The venture aims to harness government subsidies to deploy multi-gig fiber in new areas to reach 1.5 million customers.

«The possibility to help close the digital divide and focus on access to affordable high-speed internet is a top priority of AT&T,» Stankey said.

The carrier acknowledged that it will have a new offering this year for fixed wireless, an internet frontier that AT&T effectively ceded to Verizon and T-Mobile in the early days of 5G. In the past, AT&T has confirmed it won’t expand into fixed wireless except on rare occasions to meet specific business needs. So long as fixed wireless delivers less bandwidth than fiber, AT&T isn’t excited about it as an alternative to wired broadband, Stankey said, noting any deployment would have a narrow niche where fiber can’t easily reach.

«I don’t see [fixed wireless] place long-term in dense metropolitan areas, and I don’t see it in reasonably well-populated suburban areas,» Stankey said.

AT&T reported revenues of $31.3 billion, which is around the revenue for the same period last year and slightly under the $31.39 billion expected. The carrier reported 61 cents of adjusted earnings per share, which was better than the 57 cents earned per share expected by analysts polled by Yahoo Finance.

At the start of the new year, AT&T expects wireless revenue growth of 4% and broadband revenue growth of 5% through 2023. The carrier noted it expects to spend around the same for capital expenditures this year, which hit a record $24 billion in 2022 due to expanding midband 5G and fiber rollouts.

AT&T’s stock was up a tenth of a percent to $19.18 in after-hours trading.

Technologies

Verum Token Now Available on Binance, Listing of Verum Coin Expected Soon

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet, the world’s leading cryptocurrency exchange. This milestone marks a significant step for the Verum ecosystem, allowing users seamless access to Verum on the platform.

Following the launch, Verum Coin’s value surged by 3%, reaching a new peak of $825.33 within just 24 hours.

With the Verum Coin listing anticipated soon, the excitement is growing, highlighting the project’s potential for further growth and adoption.

About Binance

Founded in 2017, Binance offers a secure, user-friendly platform with a broad selection of digital assets and trading pairs, supporting both retail and institutional traders. Listing Verum Token aligns with Binance’s strategy to include innovative, high-quality projects.

For more information, visit verumcoin.info.

Technologies

Verum Messenger Update: New Levels of Security and Functionality

These privacy-oriented features make Verum Messenger one of the most secure and convenient messengers available today.

Verum Messenger, known for its commitment to privacy and innovation, has launched an update that enhances both user protection and performance. These privacy-oriented features make Verum Messenger one of the most secure and convenient messengers available today.

Key Updates in Verum Messenger:

Control Over Message Forwarding and Copying

The new feature enables users to restrict the forwarding and copying of their messages. Now, the sender decides whether their messages can be copied or forwarded to others — an essential addition for those who value control over the spread of their information.

Media Saving Settings for Private Chats

In one-on-one conversations, users now have the option to limit automatic media saving on their device. This feature is designed for those who prioritize privacy and prefer to keep sensitive photos and videos within the app itself.

Message Deletion Timer

The self-destructing message feature is a crucial tool for communicating in high-privacy environments. Users can now set a timer to delete messages after a specific period, adding an extra layer of security to personal conversations.

Enhanced Performance and Stability

In addition to these new features, Verum Messenger has boosted its performance, allowing for faster and more stable operation even under high usage. This improvement makes communication smoother, especially for those who rely heavily on the app for both work and personal needs.

Innovative Technologies for Your Convenience

Complementing this update, Verum Messenger also includes integration with Verum AI, a smart assistant that addresses everyday tasks right in the chat. The built-in eSIM and VPN allow users to connect to the internet and secure networks globally, providing complete freedom and safety.

Verum Messenger continues to be at the forefront of privacy and security, offering a reliable and user-friendly service for everyday communication.

Technologies

Multiply Your Wealth with Verum Coin: An Investment in Your Future

May your investments bring you joy and financial freedom!

In today’s world, where financial independence is becoming increasingly relevant, investing in cryptocurrency is attracting more and more attention. One such promising cryptocurrency is Verum Coin. In this article, we will discuss why you should consider purchasing Verum Coin and how it can change your financial life.

1. Growth Potential

Verum Coin has significant growth potential for the future. With the unique technology that underpins this cryptocurrency and the growing interest from investors, the value of Verum Coin could increase manifold. By investing in Verum Coin now, you open the door to substantial profits in the future.

2. Convenience and Accessibility

One of the key features of Verum Coin is its accessibility. You can easily purchase this cryptocurrency through various platforms and exchanges, such as the BitCoinPay Trade exchange and BitInterPay — Crypto Bank. Additionally, Verum Coin offers an intuitive interface for managing your investments, making the buying and selling process simple and convenient, even for beginners.

3. Innovative Technology

Verum Coin is built on modern blockchain technology, ensuring a high degree of security and transparency for all transactions. Every user can be confident in the reliability of their investments, as blockchain technology minimizes the risks of fraud and hacking.

4. Community and Support

Investing in Verum Coin is not just a financial transaction; it’s an opportunity to become part of an active and supportive community of like-minded individuals. You will have access to various resources, educational materials, and forums where you can exchange experiences and receive advice from more experienced investors.

5. Financial Independence

By investing in Verum Coin, you are taking a step towards financial independence. The ability to multiply your capital and create passive income is what everyone dreams of. Verum Coin provides this opportunity through its growth potential and active community.

6. A Happy Life and Confidence in the Future

It is important to remember that money is not an end in itself, but a means to achieve more. By acquiring Verum Coin and multiplying your funds, you open up new horizons and opportunities for yourself. You can afford more—travel, pursue your passions, and provide for your loved ones.

Conclusion

Investing in Verum Coin is not just a financial strategy; it’s a pathway to your financial well-being that can change your life for the better. Don’t miss the chance to be part of this exciting and promising cryptocurrency revolution. Start investing in Verum Coin today and live richly and happily!

May your investments bring you joy and financial freedom!