As reports of sagging profits came out for the second quarter, the security software giant's board of directors decides to swap CEOs.
AT&T announced Wednesday that Cupertino will be the first community in Silicon Valley that will get its U-verse with GigaPower 1Gbps broadband service.
Austin residents already subscribing to AT&T's super-fast GigaPower broadband service will finally get the 1Gbps speeds they were promised when the service was introduced last year.
John Thompson will retire in April, but will remain chairman of the board. Company COO Enrique T. Salem will take the helm.
AT&T says it's in the final stages of negotiating a deal with cities in the North Carolina Triangle region to deploy its U-verse GigaPower gigabit fiber broadband service.
Ma Bell continues to push forward with 4G LTE expansion, adding another 11 markets to the list.
The company extends its lead with the next-generation wireless service, giving it an optimal selling point for the iPhone 5.
The company is playing catch-up to Verizon Wireless in its 4G LTE deployment.
Board member Michael Brown will serve as interim CEO while maker of Norton antivirus software hunts for its second chief executive in two years.
AT&T now offers its 4G LTE service in 47 markets. Even though it's making progress, the company still lags behind Verizon Wireless's 304-plus markets.