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As expected, AT&T adds far more prepaid than postpaid in Q1
posted by Joe on April 22nd, 2010 - 7:30 am | AT&T
Earlier in the week we presented some analysis which showed that both AT&T and Verizon would report adding more prepaid users than postpaid in the first quarter. We got the first confirmation yesterday, as AT&T reported its quarterly earnings. The company added a record 1.9 million subscribers in the first quarter, though only 513,000 were postpaid. That means, on net, AT&T added almost 1.4 million prepaid subscribers. That seems like a pretty significant number. While CEO Randall Stephenson continued emphasizing the company’s focus on postpaid, he admitted that prepaid will likely continue to outgrow postpaid going forward. Two years ago it was pretty difficult to imagine such a development.
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