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AT&T Boosts Data Levels In Packages For Pre-Paid GoPhone Service

DOW JONES NEWSWIRES AT&T Inc. (T) boosted the amount of data offered in packages for pre-paid customers, highlighting the telecommunication's giants aims to better compete in the fast-growing prepaid market. The company said customers using its pre-paid GoPhone service will now be able to use double the amount data for the same price they've previously been paying. That means a $15 plan that previously offered users 100 megabytes of data will now give them 200 megabytes. The move comes as AT&T is working to better rival low-cost plans from players like Sprint Nextel Corp.'s (S) Boost Mobile and Leap Wireless International Inc.'s (LEAP) Cricket. Prepaid phone plans have traditionally been a draw for lower-income customers because they don't require a two-year commitment and can be cancelled at any time. Data use has also surged in recent years as wireless technology gets faster and data-heavy services like mobile video proliferate, raising an intense debate in the wireless industry over the best way to manage data plans. Shares of AT&T were recently off 18 cents to $30.71. -By Mia Lamar, Dow Jones Newswires; 212-416-3207; mia.lamar@dowjones.com

Stock News for Sprint Nextel (S)
DateTimeHeadline
05/23/201317:50:10Dish Secures $9 Billion in Financing for Sprint Bid
05/23/201314:10:09AT&T Imposes New Monthly Administrative Fee for Wireless Users
05/22/201319:05:36Clearwire: No Substantive Talks With Dish Network Since April
05/22/201310:30:15Clearwire Special Committee Backs New Sprint Offer
05/21/201315:46:38Wireless Carriers Report Some Damage, Congestion After Oklahoma...
05/21/201300:10:25Softbank Plans ¥400 Billion Retail Bond Issuance
05/20/201320:29:14SoCal Edison Agrees to Pay $37 Million in Penalties Over California...
05/14/201310:50:12Dish Plans $2.5 Billion Debt Sale for Sprint Bid
05/13/201313:10:04Egan-Jones Backs Sprint Bid for Clearwire
05/12/201323:50:34SoftBank Warns Banks on Rival Sprint Bid
05/10/201310:50:05Proxy Firms Differ on Sprint's Clearwire Bid
05/10/201309:14:05Proxy Adviser ISS Recommends Clearwire Holders Vote For Sprint...
05/09/201318:20:12Sprint Wouldn't Allow Clearwire Bankruptcy
05/09/201312:50:10AT&T Launches New Venture in Prepaid Service
05/09/201312:38:30AT&T Launches New Venture In Prepaid Service
05/08/201317:02:38Green Mountain 2nd-Quarter Profit Rose 42% On Stronger Sales...
05/07/201323:20:13Sprint Has Questions About Dish Offer
05/06/201312:00:07Sprint, Time Warner Unit Form Mobile Alliance
05/06/201311:31:06Sprint, Time Inc. Form Mobile Content, Advertising Alliance
05/06/201309:20:05Clearwire Says Sprint Deal Best for Minority Shareholders

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