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

Live-Action ‘Call of Duty’ Movie Reportedly Being Co-Written by Taylor Sheridan

The Yellowstone co-creator will reportedly team up with Peter Berg on the Paramount film.

Yellowstone, Landman and, now, Call of Duty. Taylor Sheridan, co-creator of the aforementioned hit shows, will co-write Paramount and Activision’s upcoming live-action video game adaptation, according to a report from Variety on Thursday.

Peter Berg will also co-write and direct the movie, which was announced last month. Berg previously directed films including 2018’s Mile 22, 2012’s Battleship and 2013’s Lone Survivor, while Sheridan’s movie credits include 2016’s Hell or High Water and 2017’s Wind River. Berg, Sheridan and David Glasser will produce the Call of Duty film.

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Call of Duty is a first-person shooter military video game series that debuted in 2003. CNET senior writer David Lumb calls it «arguably the biggest shooter franchise in gaming, with millions of players picking up every year’s new entry to the series.»

Lumb said the franchise is known for its bombastic single-player campaigns, which feature globe-spanning plots that rival those of the Mission Impossible films. «A Call of Duty movie has a lot of material to draw from,» Lumb said.

He also noted that Berg’s direction of Lone Survivor would fit the grim military heroism of Call of Duty, while Taylor Sheridan’s spate of neo-Western films and shows could lend a frontier adventurism to the film.

«Their collective works seemingly harmonize with the jingoistic pro-military tune of Activision’s shooter franchise — which is probably a good thing for Call of Duty fans,» Lumb concluded.

A release announcing Paramount and Activision’s film deal teased that it’ll be «designed to thrill its massive global fan base by delivering on the hallmarks of what fans love about the iconic series, while boldly expanding the franchise to entirely new audiences.» It didn’t include cast or plot information.

The update follows recent news that Sheridan is leaving Paramount for NBCUniversal. Paramount did not immediately respond to a request for comment.

Technologies

US Government Urges Total Ban of Our Most Popular Wi-Fi Router

Technologies

Animal Crossing Update Adds Lego Furniture, With a Switch 2 Version Arriving the Same Day

Fans of Animal Crossing will have a reason to go back to their island.

Animal Crossing fans just received a big surprise, and it’s not just a new content update. A Switch 2 version is on its way.

Animal Crossing: New Horizons will receive its first big update in three years, according to a post from Nintendo on Thursday. The update, labeled 3.0, will roll out on Jan. 15, the same day the Switch 2 version of the game will be available for purchase.

Released for the original Switch back in 2020, New Horizons was the first Animal Crossing game to come to a Nintendo console since 2008’s Animal Crossing: City Folk for the Nintendo Wii.

Nintendo regularly updated New Horizons for two years after its release, but stopped at update 2.0.6 released in November 2022. Two updates were added earlier in the year to prepare the game for playability on the Switch 2.

Animal Crossing 3.0 Update

In the 3.0 update coming on Jan. 15, a new hotel is opening. Players can help bring in guests to stay at the hotel by decorating guest rooms and dressing up mannequins to sell resort clothing.

For those who haven’t touched New Horizons in years, a Reset Service will be available. Players can have their island cleaned up, and items can be stored away or trashed for those who want a clean slate.

Players with a Nintendo Switch Online membership will have access to up to three islands, where they can explore and do as they please. These new areas are available on Slumber Island. It’s up to the player to decide how the island will look, what items or plants are on it and even which characters will be found on the island. Players can also invite friends to build it together.

New Horizons will feature special collaborations and Nintendo retro gear. Lego items will be available in the update for players to decorate their homes with or clothing to dress up their villagers with. Retro Nintendo consoles, such as the NES and Game Boy, can also be used as decorative items.

If the player has a Switch Online subscription, some classic titles such as Ice Climbers and Dr. Mario can be played via these in-game devices. There are also special items based on The Legend of Zelda and Splatoon series when players tap their amiibo from those games onto the Switch while playing.

Animal Crossing: New Horizons on Switch 2

Switch 2 owners can get in on the digital life game with Animal Crossing: New Horizons — Nintendo Switch 2 Edition. Not only will this new version come with updated graphics, including 4K resolution in TV mode, but it will also add special features that can only be done on the newest console.

One of the features is mouse controls for the Joy-Con 2. Players will be able to use the controller as a mouse to decorate indoors, create custom designs and write handwritten messages for the bulletin board.

Residents in the game can now be found by saying their name into the Switch 2’s built-in microphone while using the megaphone in the game. Multiplayer has also improved dramatically, with 12-player sessions available for those playing on the new edition, and CameraPlay is supported to allow players to see one another.

Animal Crossing: New Horizons for the Nintendo Switch 2 will be available for purchase on Jan. 15 for $65. Owners of the original Switch version of New Horizons can upgrade to the Switch 2 version for $5.