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Moody's: Installment-plan lift running low for AT&T
2015-09-10 06:20:48| Telecom - Topix.net
The earnings pick-me-up that AT&T gets from accounting for its installment-plan approach to phone buying is waning a bit , Moody's says, as the programs have begun to take hold in the industry. Following suit with T-Mobile and the rest of the U.S. wireless industry, AT&T began equipment installment plans in June 2014, and was the first carrier to add debt to cover working capital costs for devices.
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Category:Telecommunications
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