AT T Reports Big Gains in New TV Subscribers but wireless drives AT Ts Q4

AT&T Technology

AT&T now serves roughly 3 million TV subscribers. In the fourth quarter, AT&T’s revenues from U-Verse services such as TV, high-speed Internet and VoIP totaled $1.3 billion.  

In the fourth quarter, more than 90 percent of AT&T’s U-Verse TV subscribers also purchased high-speed Internet service and 60 percent of the customers also subscribed to U-Verse Voice, the company’s VoIP service. Meanwhile, AT&T said it added 400,000 retail wireless subscribers. Wireless service revenues rose 9.6 percent to $13.8 billion. Net income attributable to the company was $1.1 billion, or $0.18 per diluted share. 

About 90 percent of U-verse TV customers also take U-verse broadband, and about 60 percent take VoIP. AT&T CEO Randall Stephenson said in the companys earnings call that more than 90 percent of the companys iPhone subscribers are under contract, but warned that "it may be rocky in the beginning of the year, volatile and hard to predict" after Verizon Wireless begins selling the iPhone on Feb. 10. 

AT&T activated 4.1 million iPhones in the fourth quarter and 3.3 million other "integrated devices" – cell phones with qwerty keyboards or touchscreens, bringing the companys total integrated device sales to 7.4 million. The net adds included 400,000 postpaid customers, 307,000 prepaid customers, 1.5 million connected devices and 595,000 new customers from resellers.

Data usage drove the eighth consecutive quarter of growth for AT&Ts postpaid ARPU growth, which reached $62.88 in the fourth quarter. Postpaid data ARPU grew nearly 18 percent to $22.64. Wireless data revenue rose 27 percent to $4.9 billion. The company expects sales to increase over the next year.

By. AT&T Technology