AT&T Internet Air reaches 2 million subscribers, plans in-store sales
Get Alerts T Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.3%
EPS Growth %: +11.1%
Join SI Premium – FREE
AT&T (NYSE: T) announced that its 5G home internet service, AT&T Internet Air, has reached 2 million subscribers. According to a company press release, the service added its second million customers in roughly one year, compared to approximately two years to reach its first million.
More than half of AT&T Internet Air subscribers, or over 1 million customers, also hold an AT&T wireless plan, which the company refers to as "converged" customers.
"People want simple internet from a provider they trust, and that's what AT&T Internet Air delivers," said Josh Goodell, vice president of broadband product development at AT&T. "Today's milestone shows it's resonating with customers, and when they pair it with AT&T wireless, we're seeing industry-leading satisfaction."
AT&T said it plans to make the service available for purchase in physical retail stores beginning next month, allowing customers to take equipment home on the same day. Currently, the service is available across the contiguous U.S., though availability varies by address.
Customers who bundle AT&T Internet Air with an eligible AT&T wireless plan can access home internet pricing starting at $35 per month.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- ADARx Pharmaceuticals files for proposed IPO
- Vext closes Ohio dispensary amid health event probe
- SOS Limited receives NYSE non-compliance notice over share price
Create E-mail Alert Related Categories
Corporate News, Hot Corp. NewsRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share