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AT&T Enhances BlackBerry Experience - Analyst Blog

Posted: 2/1/2013 3:05:00 PM
Referenced Stocks: RIMM;T;TU;VZ

Telecom firm AT&T Inc ( T ) unveiled plans to roll out smartphones - BlackBerry Z10 and BlackBerry Q10 - and aims to bring in more customers under its wings.

The fastest and most upgraded BlackBerry smartphone till date, the BlackBerry Z10 will be offered to customers with a re-vamped, re-engineered and re-enhanced BlackBerry 10 platform. These smartphones, with a touchscreen keyboard, will have advance features that adapt smoothly to a customer's requirements rendering a unique mobile experience. The other offering - BlackBerry Q10 - displays the traditional QWERTY keyboard.

AT&T - the first wireless firm to offer BlackBerry smartphones and services in the U.S. - will have BlackBerry Z10 run on 4G Long-Term Evolution (LTE). These new BlackBerry 10 platform smartphones will have all prime BlackBerry features plus a rehashed version of Research In Motion Limited 's ( RIMM ) superior emailing facility, a quicker browser application and simple accessibility to messages in the BlackBerry hub.

San Antonio, Texas based AT&T is the second largest provider of wireless services in North America after Verizon Communications ( VZ ) and has the biggest 4G network in the U.S., covering nearly 288 million people. With attractive services plans and well-connected 4G LTE network, AT&T expects to lure new customers and gift them with a seamless communication experience.

Leading Canadian telecom service provider Telus Corporation ( TU ) also launched the BlackBerry Z10 smartphone in the nation's markets. The handsets will be made available to customers for $149 for a period of three years with a minimum monthly plan of $50 before tax or $650 per month.

AT&T currently holds a Zacks Rank #3 (Hold). We are optimistic about AT&T's growth prospects, driven by subscriber accretion, higher smartphones adoption, LTE mobile broadband network, iPhone sales and U-verse expansion that will lead to improved revenue growth.

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