AT&T Launches New Product and 2 Telecom Stocks Seeing Action

AT&T (NYSE:T): The company plans to begin a no-commitment home phone service with a new, prepaid option for AT&T Wireless Home Phone, starting on March 22. AT&T Wireless Home Phone is expected to allow customers to complete calls from their existing home phone handset via the AT&T wireless network instead of a landline connection. Wireless Home Phone customers will have the ability to add their home phone line to an existing FamilyTalk plan for $9.99 per month or choose unlimited nationwide calling for $19.99 per month, and the Wireless Home Phone device will come free with a two-year commitment.