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
Apple CEO Tim Cook Steps Down, John Ternus Replaces Him
Technologies
Today’s NYT Mini Crossword Answers for Tuesday, April 21
Here are the answers for The New York Times Mini Crossword for April 21
Looking for the most recent Mini Crossword answer? Click here for today’s Mini Crossword hints, as well as our daily answers and hints for The New York Times Wordle, Strands, Connections and Connections: Sports Edition puzzles.
Need some help with today’s Mini Crossword? I thought that 4-Across, 7-Across and 3-Down were pretty fun — little puzzles inside of the puzzle. Read on for all the answers. And if you could use some hints and guidance for daily solving, check out our Mini Crossword tips.
If you’re looking for today’s Wordle, Connections, Connections: Sports Edition and Strands answers, you can visit CNET’s NYT puzzle hints page.
Read more: Tips and Tricks for Solving The New York Times Mini Crossword
Let’s get to those Mini Crossword clues and answers.
Mini across clues and answers
1A clue: Like the name Phil Quickley, for a speedy crossword solver?
Answer: APT
4A clue: What connects these names: Al Green, Betty White, Rose Byrne
Answer: COLOR
6A clue: Star ___ (plant with a pointy pod)
Answer: ANISE
7A clue: What connects these names: Tennessee Williams, Georgia O’Keeffe, Denzel Washington
Answer: STATE
8A clue: Teslas and Rivians, for short
Answer: EVS
Mini down clues and answers
1D clue: Assumed name
Answer: ALIAS
2D clue: Washington paper
Answer: POST
3D clue: What connects these names: Chris Pine, Zach Cherry, Willow Smith
Answer: TREE
4D clue: Detective’s assignment
Answer: CASE
5D clue: Currently broadcasted
Answer: ONTV
Technologies
OnePlus Reveals New Phones Despite Uncertain Future
Amid rumors of leaving certain markets, the company introduces the Nord CE6 and Nord CE6 Lite.
There’s uncertainty about OnePlus’ future in the UK and Europe, but it’s full steam ahead in Asia for now. The Chinese-based tech company said Monday in a post on X that it will launch two new phones — the Nord CE6 and Nord CE6 Lite — in India on May 7. OnePlus didn’t say when the phones would be available in the US and other markets and didn’t say how much they would cost.
That’s unfortunate, as both Nord phones build on the brand’s recent set of phones with large-capacity batteries. But whereas last year’s flagship OnePlus 15 has a 7,300-mAh one, the Nord CE6 has a massive 8,000-mAh battery, which should last for 2.5 days on a full charge, according to the phone’s listing. While it doesn’t share how fast the phone’s wired or wireless charging is, it does note that the Nord CE6 has 27-watt reverse charging to donate battery charge to other devices. The Nord CE6 Lite, presumably the cheaper version, has a 7,000-mAh battery.
The Nord CE6 and CE6 Lite, visible in a listing on Amazon in India, don’t have prices yet, but they do have a launch date of May 7.
The OnePlus Nord CE6 is powered by a Snapdragon 7s Gen 4 system on a chip alongside a Touch Reflex chip. The Nord CE6 has a 1.5K AMOLED display with a 144Hz refresh rate that reaches up to 1,800 nits of peak brightness. The cheaper Nord CE6 Lite includes a MediaTek Dimensity 7400 Apex chipset, and its screen also has a 144Hz refresh rate.
The Nord CE6 will be available in three colors — fresh blue, lunar pearl and pitch black — while the Nord CE6 Lite will have two options: vivid mint and hyper black.
The announcements come amid uncertainty about OnePlus’ status in non-Asian markets. Android Authority reported that several high-level employees in the UK and Europe have recently left the company, which is reportedly «evaluating its regional roadmap and product strategy.» There were also rumors that the company might shut down its operations in the UK and Europe. OnePlus is owned by Chinese conglomerate BKK Electronics, which also owns phone brand Oppo.
A representative for OnePlus did not immediately respond to a request for comment.
We loved the OnePlus 15’s battery
Earlier this year, CNET revealed its picks for the best battery life among phones, after rigorous testing of 35 models. The iPhone 17 Pro Max was our winner, and the iPhone 17 and OnePlus 15 were both tied for second place.
CNET also compared the OnePlus 15 and OnePlus 15R, with the choice basically coming down to whether you want a bit more premium (at a higher price) or a decent version for $100 to $200 less.
Austin Evans, a tech tester with 5.76 million subscribers to his YouTube channel, said he’s «really happy» that the Nord CE6 and Nord CE6 Lite phones are at least launching in India for now.
«I like OnePlus, they’ve been a disruptive force for years and generally provide pretty good value,» Evans said. «That being said, I’m wary of how ironclad their commitment to the US market will be. Everything I’ve heard suggests they’re narrowing scope significantly to focus on growth markets like India. Fair play, but I’m still a bit concerned about the long-term plans for the company.»
-
Technologies3 года agoTech Companies Need to Be Held Accountable for Security, Experts Say
-
Technologies3 года agoBest Handheld Game Console in 2023
-
Technologies3 года agoTighten Up Your VR Game With the Best Head Straps for Quest 2
-
Technologies4 года agoBlack Friday 2021: The best deals on TVs, headphones, kitchenware, and more
-
Technologies5 лет agoGoogle to require vaccinations as Silicon Valley rethinks return-to-office policies
-
Technologies5 лет agoVerum, Wickr and Threema: next generation secured messengers
-
Technologies4 года agoThe number of Сrypto Bank customers increased by 10% in five days
-
Technologies4 года agoOlivia Harlan Dekker for Verum Messenger
