AT&T (NYSE: T) CEO John Stankey recently told Reuters that the telecom giant could launch ad-subsidized wireless plans within a year. Stankey claimed a "segment" of its customer base would likely accept some advertising on their phones "for a $5 or $10 reduction" in their monthly bills. Stankey also revealed that AT&T was testing "unified customer identifiers", which would allow it to sell targeted ads across its wireless network.
Investing for gains is all about accepting the losses, and that long-term winning approach is even more important as you consider retirement planning. Let's go over why I think Costco (NASDAQ: COST), Walt Disney (NYSE: DIS), and AT&T (NYSE: T) are three stocks that will safeguard your retirement plans during a market crash. Folks need to eat, and Costco's cost-efficient model passes on savings to its card-carrying members.
"Consumers expect that their phone and broadband providers are not spying on their phone calls and web browsing or using their private data for commercial gain," Blumenthal, a Democrat, wrote in a letter to AT&T Chief Executive John Stankey. The request follows a Reuters interview with Stankey this week in which he discussed a plan to discount cellphone bills as early as a year from now. While Stankey said AT&T was not yet announcing a new product available to consumers, he discussed how the company was building toward such an offer as it doubles down on the advertising business.