AT&T adds nearly 1 million net wireless subscribers in the third quarter

AT&T adds nearly 1 million net wireless subscribers in the third quarter
AT&T just released its third quarter earnings report and focusing on the wireless side of the business, the carrier brought in $15.5 billion in wireless service revenue which was an increase of 3.7% from last year. Data revenue amounted to $5.5 billion, a hefty 17.6% gain year-over-year. With 989,000 net new subscribers added in the quarter, wireless operating income for the three month period totaled $4.6 billion for a 3.4% gain over last year's total. Postpaid operations added 178,000 smartphone subscribers and 388,000 tablet subscribers. Prepaid added 192,000 subscribers.

AT&T says that 3 out of every 4 postpaid subscribers now totes a smartphone, up from 66% a year ago. 1.2 million new smartphone subscribers were added in the three months. Overall, AT&T sold a record 6.7 million smartphones in the period, which accounted for 89% of the handsets sold to postpaid subscribers. 42% of the carrier's postpaid customers use an LTE powered phone. Including phones with HSPA+ connectivity, 70% of AT&T's postpaid customers now have a 4G phone.

Additionally, 72% of AT&T customers are on a Mobile Share plan or a tiered individual data plan. Churn was down from last year's third quarter, but up sequentially. Postpaid churn was 1.07% while the figure including pre-paid customers was 1.31%. Wireless Operating Income margin was 26.4% in the period.


source: AT&T

FEATURED VIDEO

5 Comments

1. papss unregistered

Those are insane numbers.. That's what happens when you get all the best phones.

2. -box-

Posts: 3991; Member since: Jan 04, 2012

Most with Lumia 1020s and 520s (I wish).

4. ZeroCide

Posts: 816; Member since: Jan 09, 2013

You never know they could be. Everyone is talking about the 1020

3. darkkjedii

Posts: 31298; Member since: Feb 05, 2011

Their non LTE 4G sucks big time. I just had to switch to wifi from it.

5. thedarkside

Posts: 654; Member since: Apr 30, 2012

their dual-layered 4G rocks my socks.

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.