AT&T Makes Cricket Wireless More Accessible To Tap Budding Prepaid Market


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  • AT&T Inc (NYSE:T) Prepaid Portfolio member Cricket Wireless reached 12.4 million subscribers, growing by over 2 million subscribers in 2 years. 
  • Cricket Wireless also removed the 8Mbps speed caps on its monthly plans of $30, $40, and $55 and added 5G network access on every plan. 
  • Now, existing customers on current rate plans can enjoy access to the 5G network for just $25 per month per line with four lines of service. AT&T started giving the top tier of its Cricket customers free HBO Max two months ago.
  • AT&T now included 5G network access for its prepaid customers, matching offers by T-Mobile US Inc's (NASDAQ: TMUS) Metro service and Verizon Communications Inc's (NYSE: VZ) Visible venture.
  • AT&T previously kept its lower-tier Cricket customers at an 8-megabit-per-second speed limit while video gaming or high-definition video streaming best responded to speeds of 10-megabits-per-second or faster. 
  • Carriers are now seeking more growth in riskier areas like low-credit customers who opt for prepaid connections. 
  • Price Action: T shares traded lower by 1.39% at $25.20 on the last check Friday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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