New wireless subscribers down sharply at AT&T

Posted on: April 24th, 2012 by Jim Collier No Comments

When Verizon Wireless started selling the iPhone, AT&T sounded a defiant note, saying that its customers would remain loyal. A year later, it’s clear that the Verizon iPhone has crimped AT&T’s stride.

Verizon, the country’s largest wireless carrier, had little problem attracting new customers before it started selling the iPhone. In fact, it was the only one that managed to keep up with AT&T’s iPhone-fueled growth.

But with the iPhone in its arsenal, the country’s biggest wireless company is getting bigger, while No. 2 AT&T’s growth has slowed precipitously.

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