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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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Compass BBVA names Happel CEO for Fort Worth

BBVA Compass has appointed Brian Happel, most recently the Fort Worth city president, its chief executive officer of Fort Worth.

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Fort Worth minority business receives nationwide grant

Cuevas Distribution Inc., a minority- and woman-owned business in Fort Worth, is one of 20 small businesses nationwide to receive a $150,000 grant from Chase as part of the Mission Main Street program.

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Arlington's Entertainment District moves forward

Arlington is moving closer to developing its Entertainment District north of AT&T Stadium.

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AT&T says it's connecting more devices

 

PETER SVENSSON,AP Technology Writer

 

 


NEW YORK (AP) — AT&T Inc. on Thursday said promotions are pulling in a large number of new phone customers, but the cost of subsidizing devices for them will hold back profits this year.

The nation's second-largest cellphone company said it expects to report adding a net 500,000 new devices on contract-based plans during the April-June period. That would be the best second-quarter figure since 2010.

Since most Americans already have phones, the number of new customers added every quarter has been slipping across the industry. AT&T's tallies have been propped up by the addition of tablets, but these carry lower monthly fees than phones.

AT&T also said it's adding more U-verse broadband and TV customers than it did in the same period last year.

Dallas-based AT&T doesn't expect the influx of new customers to move the needle on overall sales this year. It said it still expects revenue to rise 2 percent in 2013.

AT&T shares fell 12 cents, or 0.3 percent, to $35.69 in afterhours trading, after the company released its outlook.

The company is set to report full second-quarter results on July 23.


 

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