Cloud-based services will continue to be a major focus for...
Cloud-based services will continue to be a major focus for AT&T this year, said Wells Fargo analyst Jennifer Fritzsche Thursday in an email to investors. Wells Fargo hosted a dinner with AT&T management Wednesday night, including Steve Caniano, AT&T vice…
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president-Hosting, Application and Cloud Services, Fritzsche said. AT&T owns 38 data centers. Based on conversations at that dinner, “we estimate it is one of the top 3 providers of cloud services in the U.S.,” she said. “We continue to believe Strategic Services will continue to show double digit percentage growth this year.” AT&T is optimistic about its growth prospects in enterprise, and seemed “particularly enthused as to the long runway it sees in the mobile app services arena,” Fritzsche said. AT&T is also “pushing a further diversification of the [smartphone] base,” even though subsidies are still a “point of pressure,” she said.