AT&T – too little too late?

In the news today AT&T reportedly is buying additional radio spectrum from Qualcomm to increase it’s bandwidth for the heavy loads data subscribers are putting on it’s (cellular) network. You think they would have thought of this before they signed the deal with Apple to carry the iPhone?  When AT&T has become the brunt of all running jokes about lousy service for particularly iPhone owners – i.e. What’s that you’re saying?  You keep cutting out, are you on your iPhone?  it may be too late to salvage it’s image & possibly subscribers.  Not to mention the spanking AT&T received from the latest Consumer Reports cellular phone carrier survey…can you say in the basement.

When the iPhone is unleashed on Verizon’s network I expect little short of an avalanche of subscribers away from AT&T.  Which is a shame because I own AT&T stock (I like regular dividends in this crazy market).  Who is watching the store over there?  You would at least think that as a band-aid measure AT&T would ensure coverage in and around San Francisco and Silicon Valley would be outstanding – after all this is the cradle of technology and home to early adopters and needless to say gazillions of Tech industry mags, blogs, reviewers, etc.  You’ve just gotta scratch your head and wonder if anyone is awake in AT&T’s offices.

AT&T to Buy Spectrum From Qualcomm for $1.93 Billion to Increase Bandwidth

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