News by Andrew Kameka on Wednesday October 24, 2012.
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AT&T had one of its best sales periods in recent years, reporting its strongest subscriber revenue growth in six quarters. That growth can be credited to a change in the company's pricing structure for its monthly plans and a consumer thirst for smartphones.
In its third quarter 2012 earnings report, AT&T revealed that it sold 6.1 million smartphones in the last three months. The carrier activated an estimated 4.7 million Apple iPhones and 1.47 million Android and Windows Phone handsets. AT&T reports that it was a "record sales quarter" for Android and Windows smartphones, but the carrier did not separate sales figures to clearly distinguish how many phones each operating system sold.
AT&T also announced that it is ahead of schedule with its LTE build and is on pace to double the population of customers with access to LTE. AT&T's 4G coverage - including its slower HSPA+ network, not just LTE - reaches 285 million POP's.
An investor call will be held later today to discuss AT&T's earnings in more detail. Be sure to check back again for more information.source: AT&T
Andrew is based in Miami, Florida.