“At an investor conference today, the CEO of AT&T Inc. said that data-only subscription plans for wireless networks are ‘inevitable’ as wireless revenues shift more heavily to data rather than voice transmission,” Paul Ausick reports for 24/7 Wall St.
“Data-only plans would force subscribers to use some kind of voice-over-IP plan such as Skype from Microsoft Corp.,” Ausick reports. “Microsoft paid $8.5 billion for Skype earlier this year.”
Ausick reports, “AT&T’s data-only plan only recognizes the reality that the so-called Millennial generation doesn’t talk. It communicates by texting and through social networks like Facebook Inc. and Twitter. The move to a data-only plan has a downside though, and that is a bigger demand for spectrum, already in short supply. How the wireless industry copes with ever-growing demand for bandwidth is the story of the next year or so for the carriers.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Arline M.” for the heads up.]