AT&T Wireless reports Q1 loss of 367K customers

Apr 20 2004 - 02:35 PM ET | AT&T Wireless
It is no secret that AT&T Wireless had a tough first quarter, but now it's official. The company lost 367,000 subscribers during the first quarter, compared to an increase of 257,000 in the same quarter last year. bq. AT&T Wireless said the negative net adds reflected customer deactivations driven by the first wave effects of local number portability, a higher number than usual of customers not under contract, and the residual impact of fourth quarter 2003 systems problems on customer care and indirect distribution.