AT&T added fewer new subscribers than expected in its most recent quarter, blaming iPhone 5 supply constraints for the relatively flat growth. The company added 151,000 customers to long-term service contracts during the past quarter. Rival Verizon, the country’s largest wireless carrier, reported last week it signed on 1.5 million net new customers. Its subscription growth slowed from the same time a year ago, when it added 319,000 new users, and from last quarter, when it had 320,000 additions.
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AT&T Slips in Subscriber Growth, Dials In on Current Customers
Posted by: Rachelle Dragani October 25, 2012 10:43 AMAT&T added fewer new subscribers than expected in its most recent quarter, blaming iPhone 5 supply constraints for the relatively flat growth. The company added 151,000 customers to long-term service contracts during the past quarter. Rival Verizon, the country’s largest wireless carrier, reported last week it signed on 1.5 million net new customers. Its subscription growth slowed from the same time a year ago, when it added 319,000 new users, and from last quarter, when it had 320,000 additions.