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April 20th, 2012 
FAKE NEWS for the Zionist agenda NEW YORK (AP) — ATT Inc., the largest telecommunications company in the U.S., reports first-quarter results Tuesday before the stock market opens. It follows chief rival Verizon, which reported strong wireless results on Thursday.
WHAT TO WATCH FOR: The first quarter was a relatively slow one for ATT, after the hoopla of the fourth quarter, which saw the launch of the iPhone 4S and the dissolution of its $39 billion bid to buy T-Mobile USA.
Verizon Communications Inc.‘s wireless business got a boost in the first three months of the year as new iPhone subscribers started paying their monthly bills. Wireless service revenue grew 7.7 percent from a year ago. ATT doesn’t look set to replicate that, since Verizon keeps beating it in the recruitment of high-paying subscribers.
For the first quarter, analysts expect ATT to report adding a net of about 200,000 subscribers on contract-based plans, which carry the highest monthly fees. That compares to Verizon’s gain of 501,000.
ATT revamped its data plans in the quarter, raising fees while providing more data. That should start helping results, analysts expect.
Union contracts for 40,000 workers on ATT’s landline side have expired. They’ve voted to authorize strikes, but they’ve remained on the job as the parties continue to negotiate. ATT is trying to get them to shoulder more of their health care costs.
WHY IT MATTERS: Dallas-based ATT had 103.3 million wireless devices connected to its network and 39 million landlines at the end of the last quarter. The stock is a component of the Dow Jones industrial average.
WHAT’S EXPECTED: Analysts polled by FactSet expect earnings of 57 cents per share on revenue of $31.84 billion.
LAST YEAR’S QUARTER: ATT earned 57 cents per share on revenue of $31.2 billion.
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