From CNET: AT&T Chief Financial Officer John Stephens isn't fazed by the rhetoric over the competitive environment and so-called price war.
"The competition is more noisy than disruptive," Stephens said at an investor conference held on Thursday.
T-Mobile's offer to pay off the early termination fees of customers willing to switch to its service was supposed to wreck havoc on AT&T's customer growth. That didn't happen. While T-Mobile did post impressive customer growth, AT&T withstood the impact and topped expectations for customer growth, adding 625,000 contract customers and more than 1 million total net new customers.
"It doesn't appear that based on our results, there was much of an impact," he said.
Stephens criticized T-Mobile's ETF buyout offer as economically challenging, especially as an ongoing program.
"It's not something that a company with a best-in-class balance sheet would jump into," he said.
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