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Showing posts with the label chief executive of AT and T Mobility

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By BRIAN X. CHEN | New York Times Verizon and AT&T reported their quarterly earnings in the past week, and they told nearly identical stories: Both are making a lot of money just from mobile data - the fees customers pay to access the Internet over their networks. Some numbers shared by AT&T make it clear why. Ralph de la Vega, chief executive of AT&T Mobility, said during Tuesday's earnings call that about 60 percent of smartphone customers were paying for tiered data plans, and of those, 70 percent were choosing the higher-priced plans. For its tiered data plans, AT&T charges $20 for 300 megabytes of data, $30 for three gigabytes or $50 for five. Verizon's data plans are similar: $30 for two GB, $50 for five GB or $80 for 10 GB. Mr. de la Vega's statement suggests that the majority of people on AT&T's tiered plans are paying at least $30 for three GB, or more. And it turns out that three GB is far more than most people use. A r...

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