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AT&T Inc. (NYSE:T) Closes Unlocking-Deal With FCC

Boston, MA 12/13/2013 (wallstreetpr) –  AT&T Inc. (NYSE:T) and other national carriers have finally found a technical way out to allow users to unlock phones. Currently the deal covers other carriers such as Verizon and others as well.

New deal for post-paid customers

FCC new deal will now allow customer who hold postpaid deals with their carriers to unlock their phones, at the end of the contract. Prepaid phones are expected to be covered later.

The guidelines for carriers include flat-two days within which they will have to unlock the phone or refuse. Additionally, the liability will remain with the carriers to bring to the notice of users, the day on which their phones can be unlocked.

Will affect re-seller market

Until the practice for U.S. carriers was to offer a subsidy which meant users would buy new phones, while older unlocked phones were sold.

The market presumes that the new unlocking facility will see a drastic cut in the resale industry.

Users can now purchase a new phone or shop for different carrier if they are looking for subsidized rates.

In other news, AT&T Inc. (NYSE:T) has promised to rework its fibre services to the whole of Austin. The way forward for AT& T will be the fiber connectivity which is expected to not only improve the quality of services but offer the last-mile connectivity as well.

Ramp CAPEX

AT&T Inc. (NYSE:T) will introduce the large-scale fiber rollout especially for residential purposes. This would involve higher expenditure as the company will need to re-economize its expenses. For several years now the company has not been keen on further investments on this front. However this time around the promise was made by AT&T Inc. (NYSE:T) CEO and therefore things are expected to move forward on a war footing.

The new connectivity will improve the rate of connection to 1Gbps for residents.

Published by Steve Hackney

Steve Hackney is a corporate finance professional with over 14 years of experience in cash management and investing. He earned a Bachelor of Science in Finance from Florida State University and holds a Certified Treasury Professional certification. Steve lives in Orlando, Florida with his family.



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