AT&T's Aio Wireless to Rollout Full Nationwide Coverage in September (T)

AT&T’s Aio Wireless to Rollout Full Nationwide Coverage in September (T)


Starting in mid-September, Aio Wireless’ prepaid, no annual contract wireless service will be available online to all U.S. customers. Aio Wireless is a wholly owned subsidiary of AT&T Inc. (T).

Currently, Aio Wireless only offers service to customers in Florida, Texas, and the metro-Atlanta area through 200 dealer-owned Aio Wireless stores and through the Aio Wireless website.

Aio customers will be able to choose from a selection of smartphones, tablets, and feature phones from Samsung, Nokia, ZTE, and others. Furthermore, Aio customers may also be able to activate a currently-owned device with Aio Wireless service. Or, the customer can bring in a qualifying wireless phone to an Aio store for credit for a new phone or accessory.

Aio plans range from $40 to $70 per month, with taxes and fees included.

“We invite customers across the country to switch to Aio and experience our first class service with no annual contracts,” said Jennifer Van Buskirk, president of Aio Wireless, in the press release. “We want to make it easy for consumers almost anywhere in the US to get great value in their wireless service, with the network coverage and experience they deserve, and devices they can be proud to own.”

AT&T shares were up 9 cents, or 0.27%, during pre-market trading on Friday. The stock is mostly flat year-to-date.

The Bottom Line
Shares of AT&T (T) offer a dividend yield of 5.35% based on Thursday’s closing price of $33.65 and the company’s annualized dividend payout of $1.80 per share.

AT&T Inc. (T) is not recommended at this time, holding a DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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