AT&T Seen Getting EPS Lift From Phone Subsidy Shift

By | March 18, 2014

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AT&T (T) stands to see a “significant” EPS lift in 2014 as more wireless customers shift to installment-based payment plans for new mobile phones, says Morgan Stanley in a report. Wireless firms are subsidizing fewer mobile phone purchases in general, led by T-Mobile US (TMUS). Instead, new promotions enable consumers to upgrade phones more frequently if they buy them through monthly installment plans. Apple’s (AAPL) next iPhone, expected to be Scalper1 News

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