Randall Stephenson, Chief Executive at AT&T Inc., said he sees a great opportunity to invest in mobile broadband in Europe. He said there are high chances to gain big profits in the already being generated services in the United States.

Bigwig US carrier AT&T revealed in a Friday announcement that it is acquiring San-Diego-based prepaid wireless provider Leap Wireless International for $15 per share or approximately $1.2 billion in cash.

According to a CNET report, AT&T has sold out of its initial stock of the HTC First handset, which was widely touted as the Facebook phone, but witnessed dismal sales.

The report said that AT&T Mobility CEO Ralph de la Vega has confirmed on Monday that the carrier had cleared out its initial inventory of the HTC First Facebook phone; and will not be ordering any more of those handsets.

In an official blog post on Sunday, June 9, bigwig US carrier AT&T announced its changed upgrade policy, under which the company has set a 24-month minimum term for the eligibility of its subscribers to receive upgrade pricing on all handsets or devices.

On Monday, AT&T revealed in an announcement that it has expanded its shared data services to offer larger shared data plans which will chiefly be aimed at the business users as well as data-guzzling consumers.

In a recent announcement, cloud platform provider Akamai Technologies and bigwig US carrier AT&T revealed that they have worked out a "global strategic alliance" to provide new content delivery network (CDN) and telecom solutions to business all over the world.

U. S. telecommunications giant AT&T Inc. enjoyed the best profitability ever in its wireless arm in the second quarter, even as it suffered a considerable decline in its smartphone sales.

AT&T revealed on Tuesday that it activated 5.1 million smartphones in its most recent quarter. The figure is down from 5.5 million in the corresponding period of 2011.

US network provider AT&T has clarified the limitations of its "unlimited" data plans, saying after using a certain amount of data customers would experience throttled Internet service.

AT&T confirmed that anyone who gobbles up more than 3GB of Internet data in a single cycle would experience slowed down Internet speeds or would have to pay extra.

The country's second-largest wireless carrier announced the new policy apparently to target customers who consume a lot of Internet data, usually through heavy viewing of videos and other content on their mobile phones.