AT&T releases 3Q earnings
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Other numbers were impressive as well, including a record 1.7M postpaid adds and 2M total adds. Churn held steady at at 1.7 overall and the 1.2 postpaid rate was slightly lower than 3Q07. Data revenue grew 50% to $2.7B, we're sure the increased charges for those 2.4M iPhones played a large part in that- and overall revenue was up 15.4% to $12.6B. The important ARPU metric increased 2.6% to $58.99. All in all, the company pulled in $5.6B for the quarter and now sits with 75M subscribers.
source: AT&T
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55 Comments
1. (unregistered) posted on 20 Oct 2010, 01:42 0 0
Strong work. I'm happy for them. Despite what people will say on this web site, competition is GOOD for everyone! Prices will go down and products will improve. I don't want one company ruling the whole US, otherwise I could live in China or Cuba.
4. (unregistered) posted on 22 Oct 2008, 15:07 0 0
I think u should start packing up and be ready to move out of the states, cause verizon will soon own alltel and then we will come u guys!!!
7. #4 you are a fool (unregistered) posted on 22 Oct 2008, 16:26 0 0
Eventually there will be just vzw and att&t and that is a good thing. If one were to dominate the other, then we, the consumers would be screwed, prices would skyrocket and technology innovation would grow stale.
8. (unregistered) posted on 22 Oct 2008, 16:33 0 0
i heard that VZW was gunna go outta business cause they use CDMA technology, and b 2010 all phone will have to be GSM. kinda like antennae cabel and digital cabel. but hopefully that wont happenn.....
9. (unregistered) posted on 22 Oct 2008, 17:39 0 0
*sigh* your clearly retarded... i want to correct you and explain whats going on in the cell phone world.. but the use of gunna instead of gonna just really tell me its a waste of typing
10. Armo (unregistered) posted on 22 Oct 2008, 18:02 0 0
wow, u really think verizon or at&t r gunna but t-mobile. never. maybe sprint but not tmo. t-mobile has a big brother called deutsche telekom who has their back. just like verizon has vodafone. but who does at&t have? no one. and t-mobile is growing fast. and now with the g1 they should become a contender. but i agree with u on the rest.
12. (unregistered) posted on 22 Oct 2008, 18:28 0 0
You must be the one with your head up your culo HOW COULD YOU POSSIBLY THINK SOON ITS GOING TO BE AT&T AND VERIZON ONLY thats SO STUPID
23. (unregistered) posted on 23 Oct 2008, 11:19 0 0
it looks good when there the largest carrier, but when verizon aquires alltell and Big Red is the largest, those stats wont talk, they'll stt-uu-tt-er in the shadow of the competition
31. (unregistered) posted on 23 Oct 2008, 14:01 0 0
Much like the use of "your" instead of "you're". I wish people would make sure they themselves aren't retarded (#9), before they start trashing others. Yes, what #8 said was void of any common sense, but check yourself.
2. Konstantin (unregistered) posted on 22 Oct 2008, 12:46 0 0
$75M customers? are they THAT expensive? =)
5. (unregistered) posted on 22 Oct 2008, 15:34 0 0
competition is always good. they will only be #1 for a few more months so atleast they are going down fighting. in the end, they will be giving vodaphone/verizon all their money as they have to pay to use LTE when they launch it (since vodaphone is a founder of LTE) in the end, verizon will eat em :)
11. (unregistered) posted on 22 Oct 2008, 18:04 0 0
Really is that what you think!!!! We will see what they will do with the $22 billion dollar debt they pick up buying Alltel as well as their own. As for LTE, they will both have the same type of network so they will be roaming off each other. The reason why they are racing to get it out is that EVDO is not capable of the speeds that HSPA+ that they(ATT) will be using which is only a software upgrade smaller cost. So while VZ is spending billions to launch an entire new technology ATT will sit back and count the cash and ease their way to LTE. So yes VZ will be bigger and not by much being that they have to give up 100 markets and counting ( wich will equal millions of subscribers) to comply with the FCC, they sure will be in a huge hole of debt in a time where everybody is trying to cut costs. Anyway you look at it is great for us the customers. Ona seperate note, this site should be called Verizon arena vs phone arena becuase its never phones discussed on this site, it is alwaysabout Verizon and 90% of the posts are VZ workers.
13. (unregistered) posted on 22 Oct 2008, 18:34 0 0
first of all verizon is a HUGE corporation. you dont know how much in debt they are..debt is a natural part of business. you have to spend money to make money. idiot
14. vzw fanboy (unregistered) posted on 22 Oct 2008, 18:54 0 0
hahaha lol. then lets get some at&t fanboys on here and we'll have a real fight. well thats in the future, now, verizon has more 3g coverage than at&t. i wonder how many people tho went from verizon to at&t for the iphone and then went back to verizon? im glad to here at&t is a strong competitor with verizon.
15. (unregistered) posted on 22 Oct 2008, 19:23 0 0
Im the Idiot? I forgot I m taling to Warren Buffett here. I totally understand that debt is a natural part of business but when the economy is in the gutter and your gaining $22.2 billion ontop of all the other debt (30 billion) that you have as well as being in a market palce where everyone is cutting back, that debt will seem to be a huge burdon. You spend money to make money in a market place that is condusive to huge profits. As for knowing how in debt they are I'm surprised a master of business and investments that you are has never heard of a company balance sheet which is free to anyone since it is a publicly traded company. That would mean you can read as well as know what the * you are talking about.!!
16. (unregistered) posted on 22 Oct 2008, 23:58 0 0
#15 your argument got lost in that heap of profanity and blatant aggression. sorry sir but you still reman an IDIOT
17. (unregistered) posted on 23 Oct 2008, 08:35 0 0
WOW great come back there sir!!! You sure showed him
24. (unregistered) posted on 23 Oct 2008, 11:34 0 0
Ok, the economy is bad, but in case you haven't noticed the cell phone industry is striving. They're not hurting at all because people are seeing cell phones as a neccissity instead of a luxery. They're stocks are still going up which makes you a freakin moron for not realizing that. Second, they will only roam off eachother if they choose so. And when verizon has the largest lte network why would they let att roam off of their towers a lot? it doesn't make sense, if they don't that means verizon will have a far superior network which means att will lose customers and they will come over to verizon. It's called cause and effect. And the fact that you can't tell by the quarter reports that the companies are not suffering at all over the economy really really makes you a complete moron
