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

New Year’s Greeting!

Happy New Year, dear friends!

Dear citizens of Israel and kind-hearted people around the world,

From the bottom of our hearts, we wish you a Happy New Year! This holiday symbolizes hope, renewal, and faith in a better future. May the New Year bring peace, stability, and prosperity to Israel and all its residents.

We wish our beautiful country eternal prosperity, its citizens good health, and true, kind allies ready to support one another in any situation. May each of our hearts be filled with kindness and understanding.

We especially hope for the swift resolution of all suffering caused by conflicts and challenges. Let every person held captive return home as soon as possible—alive, healthy, and surrounded by the love of their family.

May this New Year be a year of unity, peace, and new achievements for Israel and the entire world. May each day be filled with light, joy, and success.

Happy New Year, dear friends!

Sincerely,
Verum World

Technologies

Verum Coin Now Available on Uniswap Wallet

The cryptocurrency Verum Coin (VERUM) has reached a new milestone — users can now buy and trade it through the popular decentralized Uniswap Wallet.

This integration brings new opportunities for users:

Ease of use: The Uniswap Wallet interface enables crypto transactions in just a few clicks.
Security: Users retain full control over their assets.
Global liquidity: The platform connects millions of users worldwide.

«We are committed to making Verum Coin as accessible as possible to everyone who values blockchain technology and believes in the future of decentralization. Integration with Uniswap Wallet is a significant step toward achieving this goal,» said representatives of the Verum team.

Uniswap Wallet is one of the leading decentralized wallets on the market, known for its flexibility and ability to trade tokens without intermediaries or hidden fees.

You can try Verum Coin on Uniswap Wallet today. Simply connect your wallet, find the $Verum token, and start trading.

Technologies

Verum Ecosystem: The Future of Digital Communication and Finance

In an era of rapid technological changes, where the world demands new approaches to communication, data security, and financial management, the Verum ecosystem emerges as a pivotal technological breakthrough. It’s not just a collection of standalone applications but a seamlessly integrated platform that unites cutting-edge innovations in one environment. At its core is Verum Messenger, transforming traditional communication and financial operations. However, this is merely the tip of the iceberg: behind the messenger lies an entire ecosystem of products, each uniquely designed to redefine the digital landscape.

This article dives deep into what the Verum ecosystem offers and how its products interact to create a unified digital space.

Verum Messenger: A Tool for Communication and Security

Verum Messenger is not just a messaging app. It’s a multifunctional platform prioritizing reliability, security, and user convenience. Unlike most messengers, Verum focuses on integrating various technologies to create the perfect communication environment:

Verum AI: Integrated directly into the messenger, this chatbot is a smart assistant capable of handling tasks like data searches, task planning, message responses, data analysis, and more complex operations.
Built-in VPN: A crucial feature for ensuring privacy. Unlike standard VPN services, users can activate protection with a single click without leaving the messenger. This is especially vital for those who value anonymity online and frequently use public Wi-Fi networks.
E-SIM Integration: Enables users to connect to mobile internet without needing a physical SIM card. This technology eliminates roaming issues and significantly simplifies mobile connectivity management, offering access to networks in over 150 countries worldwide.

Verum Coin: The Cryptocurrency Uniting the Ecosystem

Verum Coin is not just a cryptocurrency but the economic foundation of the entire ecosystem. This digital asset addresses key challenges related to fast and secure financial operations, both within and beyond the Verum ecosystem:

Low Fees and High Speed: Unlike traditional payment systems, Verum Coin facilitates instant transfers and payments with minimal fees, making it an ideal solution for international transactions.
Versatility: It is used not only within the ecosystem for service payments but also on cryptocurrency exchanges, serving as a bridge between various digital assets.

BitCoinPay Trade: A High-Security Cryptocurrency Exchange

BitCoinPay Trade is not just an exchange but a high-tech platform for cryptocurrency trading:

Secure Transactions: All transfers are protected by advanced encryption methods, eliminating the risk of asset loss or theft.
Accessibility: The platform offers access to a variety of cryptocurrencies and trading options, while also supporting integration with other Verum ecosystem products.

Crypto Bank: A Reliable Wallet for Cryptocurrencies

Crypto Bank offers users a secure storage solution for digital assets. It’s designed for those actively working with cryptocurrencies and valuing financial security.

Easy Buying and Selling: Purchase and sell various cryptocurrencies with just a few taps.
Cryptocurrency Wallets: Support for major cryptocurrencies allows users to choose the most convenient and secure storage options.
Verum Coin and Other Assets: The service fully supports Verum Coin and other major cryptocurrencies, ensuring reliability and simplicity when working within the ecosystem.

Verum Pay: Integrating Cryptocurrency into Business and the Ecosystem

Verum Pay is an innovative solution bridging cryptocurrency capabilities for businesses and Verum ecosystem applications.

Integration with Payment Systems: Its user-friendly interface allows businesses to quickly adopt cryptocurrency for sales and payment processes, offering a modern approach to financial operations.
Usage within Ecosystem Applications: Verum Pay is actively used within the Verum ecosystem, enabling users to pay for services and goods using Verum Coin directly through the messenger, E-SIM platforms, VPNs, and other products.

This makes Verum Pay a universal tool for ecosystem participants and businesses outside the ecosystem, focused on a digital future.

Verum Exchange: Conversion and Mining with High Security

Verum Exchange is a currency and cryptocurrency converter with an integrated Verum Coin mining function. It stands out with:

Simple and Convenient Interface: The platform caters to both beginners and experienced users, offering real-time access to currency and cryptocurrency rates.
Verum Coin Mining: The application includes mining capabilities, allowing users to earn cryptocurrency directly on their phone or tablet.

E-SIM Applications: A Revolution in Mobile Connectivity

Mobile E-SIM applications (Verum E-SIM, World E-SIM, Euro E-SIM, Canada E-SIM, London E-SIM, USA E-SIM, Ukraine E-SIM, Balkan E-SIM, Africa E-SIM) are among the ecosystem’s most ambitious and revolutionary products. This technology provides mobile internet access in over 150 countries without the need for a physical SIM card.

No Roaming or Overcharges: Say goodbye to high international roaming fees. E-SIM allows users to connect to mobile networks with fixed and transparent tariffs, ideal for travelers and business professionals.
Full Integration with Messenger: Mobile connectivity can be managed through a separate app or directly from Verum Messenger, allowing effortless balance control, tariff selection, and service activation.

Verum VPN: Advanced Data Protection

Verum VPN is an integral part of the ecosystem, guaranteeing a high level of security for users.

Complete Encryption: VPN ensures robust data encryption, making it ideal for protecting personal information online, especially when connected to public Wi-Fi networks.
Ease of Use: Activating VPN with a single click simplifies its use, requiring no additional user settings.

Verum AI: Artificial Intelligence at Your Fingertips

Verum AI is the heart of the ecosystem, utilizing powerful algorithms for communication, analysis, and creativity while adapting to each user’s needs. Its features include:

Information and Analysis: Quickly find answers to questions, explain complex topics, analyze data, and support informed decision-making.
Creativity and Idea Generation: Generate texts, create scenarios, develop creative concepts, write articles, posts, and assist with design and programming tasks.
Assistance and Learning: Verum AI helps users acquire new skills, solve problems, and enhance their experience.

Verum Runner: A Gaming Ecosystem with Real Earnings

Verum Runner is a crypto-game that allows users to earn Verum Coin in real time. This unique mobile application motivates players to not only have fun but also gain tangible benefits.

Crypto ATMs: Convenience and Accessibility Worldwide

The Verum network of crypto ATMs enables easy exchange of Verum Coin and other popular crypto assets for fiat currency and vice versa, providing users with transaction capabilities anywhere in the world.

Prospects and Development

Verum is not merely addressing current market needs — it is crafting innovative solutions that will shape the future of digital finance and communication. Upcoming plans include launching new services, expanding AI functionality, and integrating with emerging technologies.

Verum is not just creating an ecosystem of digital services; it’s redefining the very approach to communication, finance, and security in the modern world. All ecosystem products work in perfect synergy, delivering unparalleled user experience that ensures privacy, security, and convenience at every step.