https://wccftech.com/galaxy-fold-pre-order-cancellation-att-77-million/

In addition to being a source of public embarrassment for Samsung, the Galaxy Fold has also caused problems for its launch partners, including the carrier AT&T. According to a fresh estimate, the network operator could potentially lose as much as $77 million because of Galaxy Fold pre-order cancellations. Why would a leader U.S.-based carrier lose out on so much money just because Samsung failed to launch its first foldable smartphone? Read on more to find out.

When AT&T decided to cancel Galaxy Fold pre-orders, it promised free credit worth $100 to its consumers to somehow make up for the whole fiasco. In the first quarter of the year, AT&T had 77 million postpaid customers and based on the assumption that 1 percent of those subscribers placed orders for the Galaxy Fold, the free credit would cost the carrier $77 million.