Tuesday, February 27, 2024
HomemobileAT&T mobile chief Insists US consumers not getting overcharged

AT&T mobile chief Insists US consumers not getting overcharged

Sprint chairman Masayoshi Son has argued that American consumers are paying way too much for broadband. AT&T disagrees.

AT&T's wireless chief insisted on Tuesday that consumers are getting a good deal, especially when you consider that America has the broadest LTE network in the world.

Meanwhile, the cost for a megabyte of data has gone down 93 percent since 2008, said Ralph de la Vega said, speaking at the Rutberg Global Summit in Atlanta.

Masayoshi Son, chairman and chief executive officer of SoftBank Corp.Watch out, Verizon, AT&T!, says Softbank CEO

"I think it shows that the US is healthy," de la Vega said. "Investments are being made. Networks are being built."

Re/code has the whole story.

By Ina Fried, Re/code.net.

CNBC's parent NBC Universal is an investor in Re/code's parent Revere Digital, and the companies have a content-sharing arrangement.

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