Apr 25, 2017

Cars, not phones helped AT&T gain customers last quarter

Ina Fried, author of Login

Alan Diaz / AP

In its press release AT&T touted the fact that it gained 2 million U.S. wireless subscribers last quarter. That's true, but only because so many people bought cars with AT&T's service built into them.

Here's the breakdown: The company lost 191,000 postpaid subscribers and added 282,000 prepaid phone subscribers. But it added a record 2.6 million connected devices, led by cars.

What's more: The company lost even more core phone customers. It added 105,000 tablets and computing devices while losing nearly 350,000 postpaid phone subscribers, a highly watched metric as those tend to be the most lucrative part of the wireless business.

T-Mobile grabbed a ton of those core phone customers, while Verizon also saw defections.

Go deeper

49 mins ago - Health

Medical journal retracts study that fueled hydroxychloroquine concerns

Photo: George Frey/AFP via Getty Images

The Lancet medical journal retracted a study on Thursday that found that coronavirus patients who took hydroxychloroquine had a higher mortality rate and increased heart problem than those who did nothing, stating that the authors were "unable to complete an independent audit of the data underpinning their analysis."

Why it matters: The results of the study, which claimed to have analyzed data from nearly 96,000 patients on six continents, led several governments to ban the use of the anti-malarial drug for coronavirus patients due to safety concerns.

George Floyd updates

Text reading "Demilitarize the police" is projected on an army vehicle during a protest over the death of George Floyd in Washington, D.C.. early on Thursday. Photo: Yasin Ozturk/Anadolu Agency via Getty Images

All four former Minneapolis police officers have been charged for George Floyd’s death and are in custody, including Thomas Lane, J. Alexander Kueng and Tou Thao, who were charged with aiding and abetting second-degree murder and aiding and abetting second-degree manslaughter.

The latest: A judge Thursday set bail at $750,000 for each of three ex-officers, AP reports.

John Kelly defends James Mattis against Trump attacks

John Kelly in the White House in July 2017. Photo: Cheriss May/NurPhoto via Getty Images

Former White House chief of staff John Kelly defended James Mattis on Thursday after President Trump attacked the former defense secretary as "the world's most overrated general" and claimed on Twitter that he was fired.

What he's saying: “The president did not fire him. He did not ask for his resignation,” Kelly told the Washington Post in an interview. “The president has clearly forgotten how it actually happened or is confused."