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Growing demand for Internet bandwidth will push more telecommunications companies to offer ultra high-speed fiber-optic service to subscribers' doorsteps, AT&T Inc. (T) Chairman and Chief Executive Randall Stephenson said Wednesday, though service will focus on neighborhoods with many potential customers.Mr. Stephenson endorsed the service weeks after AT&T joined Google Inc. (GOOG) by saying it will offer one-gigabit fiber-optic Internet service to Austin, Texas, subscribers--as soon as it clears the necessary regulatory hurdles. AT&T and rival Verizon Communications Inc. (VZ) both sell high-end fiber-optic service but have yet to match Google's one-gigabit bandwidth, which is fast enough to download a high-definition movie in less than a minute."The key is being able to do it in areas where you know there's going to be high demand, and people are willing to pay the premium to be able to do it," Mr. Stephenson told analysts and investors at J.P. Morgan's annual Global Technology, Media...
AT&T (NYSE:T) narrowed its fourth-quarter loss thanks to accelerated wireless revenue growth.The company posted a net loss of $3.86 billion, or 68 cents per share, c...
FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.
FBN’s Diane Macedo breaks down the stories moving the markets around the world.
Chief executives from top U.S. corporations, including Goldman Sachs <GS.N>, Deloitte LLP, and Caterpillar Inc <CAT.N>, will meet with President Barack Obama on Wedn...
Chief executives from top U.S. corporations, including Goldman Sachs , Deloitte LLP, and Caterpillar Inc , will meet with President Barack Obama on Wednesday to disc...
There is a nearly endless number of criteria that measure how well CEOs perform, whether they are paid fairly, and what metrics should be used for determining chief ...
Any partisan squabbling over the United States' looming budget crisis will harm its economy, according to a strong majority of economists polled by Reuters after Tue...
AT&T Inc will boost capital spending by about 16 percent to $22 billion a year for the next three years to upgrade its wireless and wireline networks, the company sa...
AT&T Inc will boost capital spending by about 16 percent to $22 billion a year for the next three years to fund upgrades to its wireless and wireline networks, the c...
AT&T Inc will increase capital spending by as much as 16 percent to $22 billion a year for the next three years to fund upgrades to its wireless and wireline network...
AT&T Inc said on Wednesday it would increase its capital spending to $22 billion a year for the next three years from its 2012 budget of $19 billion to $20 billion t...
Forbes Media chairman Steve Forbes on major CEOs calling on Congress to reduce the deficit with tax revenue and spending cuts.
AT&T Inc expects much better results in its wireless business in the second quarter after a weak start to the year, Chief Executive Randall Stephenson said on Wednes...
AT&T Inc expects a much better results in its wireless business in the second quarter compared with the first quarter, according to Chief Executive Randall Stephenso...
AT&T (NYSE: T) on Tuesday reported that revenue slipped 1.5% from a year ago, but profits were up slightly and in line with analysts' expectations. The telecom giant...
Never before in history have people been so divided about what it means to be a chief executive officer. As three letter acronyms go, CEO has got to be the most pola...
AT&T Inc.'s (T) Chairman and Chief Executive Randall Stephenson's total compensation rose 1% in 2012 to $22.2 million, about in line with the telecom giant's revenue...
The verdict is in: Military veterans make great employees. Whether it's a position in construction, transportation, financial services or engineering, some of the t...
AT&T Inc. (T) agreed to buy U.S. spectrum licenses covering 42 million people in 18 states from rival Verizon Wireless for $1.9 billion in cash and some of its own s...
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