AT&T: “We’re Closing the Gap” in New York and San Francisco

AT&T’s overtaxed network has been the subject of considerable negative attention recently. No surprise, then, that the network figured prominently during the company’s earnings call this morning. The carrier everyone loves to hate would like us all to know that it’s making progress in New York City and San Francisco, two high-volume markets with equally high-volume complaints about AT&T’s wireless service.

AT&T’s Mottoes: “Profit Over Performance” and “We’ve Got You by the Calls” [UPDATED]

At least $5 billion, and perhaps as much as $7 billion. That’s what it would cost AT&T to match Verizon’s current level of investment in network infrastructure and, presumably, match its performance. Or at least, to quiet all the irate iPhone users carping about AT&T’s poor network performance compared with its rival’s.
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$1.9 Billion in Capex? What’s Apple Planning?

Here’s an interesting data point from Apple’s recent 10-K filing with the U.S. Securities and Exchange Commission: The company has budgeted $1.9 billion in capital expenditures for fiscal 2010. That’s 70 percent more than the $1.1 billion it spent in 2009. What does Apple plan to do with those additional funds?
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Juniper Soars; Has Telco Hit Bottom?

Is Juniper Networks calling the bottom for telecom and computer networking equipment? A few people think so this morning, the day after Juniper announced that revenue for March-ending fiscal Q1 will be less than originally expected.

Gartner: The Sky Is Falling

Global information technology spending will fare worse in 2009 than it did during the dotcom bust of 2001. That’s the grim news from Gartner, which Tuesday predicted that worldwide IT spending will slip to $3.2 trillion this year from $3.4 trillion in 2008. If that should happen, the drop will be the greatest decline in IT spending in nearly a decade.
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