AT&T Forecasts Record Q4 Smartphone Sales

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New York - AT&T expects to break its previous single-quarter smartphone-sales record when the fourth quarter is finished, AT&T senior EVP/CFO John Stephens said here during a UBS conference.

AT&T sold about 6 million smartphones in the first two months of the fourth quarter, and because December is traditionally one of the carrier's strongest sales months, AT&T expects to break its previous single-quarter smartphone record of 6.1 million, he said during UBS's 39th Annual Global Media and Communications Conference.

Stephens attributed the smartphone surge in part to a higher number of handset upgrades from consumers waiting for the launch of the new iPhone 4S. The carrier activated more than 1 million iPhone 4S phones in the first five days the device was available, and he said

iPhone 4S

sales "remain strong."

AT&T will turn on additional 4G LTE markets, including New York City, this month as part of its previously announced plan to bring LTE to markets with 70 million people by the end of the year, Stephens added.


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