AT&T has great 4th quarter, nets $3 billion for the period

AT&T has great 4th quarter, nets $3 billion for the period
Maybe Luke Wilson is a good luck charm after all. For the fourth quarter, the Wireless division of  AT&T added 2.7 million new customers-the second best net additions in a quarter for the company- bringing the number of new accounts to 7.3 million for the year. That ties the record for an annual gain in accounts. AT&T Wireless now serves 85.1 million subscribers. The churn rate for the three months was the best ever for Q4. The numbers were 1.19% for post-paid and 1.44% overall. 3.1 million iPhones were activated in the period, the second highest quarterly total thus far. The ARPU (Average Revenue per each postpaid subscriber) rose 2.6% year over year for the 8th consecutive quarter. Revenue for additional data services like messaging and access to apps rose a strong 26.3% from the prior year to $3.9 billion. While the company didn't break out earnings for the Wireless division separately, the company as a whole earned $3 billion, up 26% from the $2.4 billion earned last year.

The 2.7 new additions topped the 2.2 million new customers at Verizon Wireless, the Nation's larget cell carrier. However, of the 2.7 million, only 910,000 were added under contract compared to Big Red's 1.2 million contract additions in its last quarter. Still, the telecommunications giant seems to have the early lead on non-phone cellular devices like E-book readers, adding 1 million such non-phone accounts in the 4th quarter. The carrier has deals to provide service for the newest versions of Amazon's Kindle, Sony's Reader and Barns and Noble's Nook.

In other news, AT&T said it is ahead of schedule in upgrading its 3G network to the 7.2Mbps speed of HSPA. Ten AT&T handsets, including the iPhone 3GS, are currently enabled for the new pipeline. The company also defended the quality of its network, saying that enhancements have been made in high data usage areas like San Francisco and New York.

source: AT&T via Yahoo, NYTimes

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28 Comments

1. Jyakotu

Posts: 867; Member since: Dec 12, 2008

Congratulations to AT&T. Even with all the bashing that AT&T gets, it's still gaining customers and making money. We can't hate on AT&T, but we can only congratulate. Here's hoping for a better network in the near future. Again, way to go AT&T. I'm a proud customer. :^)

2. Fanboys Suck

Posts: 609; Member since: Dec 12, 2008

Put it ALL back into your Network... Please!!

3. jrcrow79

Posts: 477; Member since: May 02, 2008

lol..too bad fanboy...iphones network capacity has the lead on that area

4. n0gar2

Posts: 71; Member since: Oct 19, 2009

AT^T is also American unlike VZW...

5. broro

Posts: 4; Member since: Jan 28, 2010

Let the numbers do the talking. Record sales along with industry low churn. The customers don't lie, at&t still rules the roost. Is there a map for that?

6. Iphoneluv

Posts: 59; Member since: Nov 13, 2009

I am proud to be an At&T customer and to have the best mobile device on the planet (IPhone). Can't wait til the 4th generation Iphone to be released to see what apple goodness awaits. Verizon fangirls go suck it.

7. VZWtrainer

Posts: 50; Member since: Jul 24, 2008

Actually Verizon Wireless's Q4 Churn was 1.42%, which was the industry lead.

9. VZWEMP

Posts: 158; Member since: Dec 11, 2008

OVERALL it was 1.42 and actually the only thing that matters is POSTPAID because prepaid phones get shutoff/cancalled all the time. Verizon's POSTPAID churn was 1.06 and ATT's was 1.19 get your facts straight

10. Mateo8326

Posts: 472; Member since: Jul 15, 2009

Booo i was looking for a VZW blogger who would hate congrates all those marketing dollars wasted

8. VZWEMP

Posts: 158; Member since: Dec 11, 2008

@ n0gar2. first of all VZW is american. Verizon Communications owns 60% and Vodafone owns the other 40% making this company an AMERICAN company. -Also Verizon earned 15.7 billion for 4Q09 which Trumps ATT's pathetic 3 billion. -Verizon added 1.2 MILLION new subscribers which also trumps ATT's measly 910,000 -Verizon POSTPAID churn rate was 1.06 and ATT was 1.19 ALL accurate information thats makes ATT look like pathetic hmmmm i guess youre right numbers DONT lie.

11. Mateo8326

Posts: 472; Member since: Jul 15, 2009

boo if that was true this article would be about verzion not ATT

14. VZWEMP

Posts: 158; Member since: Dec 11, 2008

http://www.phonearena.com/htmls/Verizon-reports-strong-growth-in-Q4-2009-earnings-report-article -a_9139.html some of the numbers are incorrect BUT still shows and overall win for Verizon. There's a reason Verizon is number one.

27. majicc07

Posts: 28; Member since: May 07, 2009

Hey dumb as your facts on earnings are wrong. According to you AT&T only earned $3 billion when in fact they earned $12.6 billion. Their overal operating income was $3 billion. Yes $12.6 is still less then $13 but are you really that stupid to think a company the size of AT&T which infact is larger than VZ only made $3 billion dollars. I can see why you work for them. If you are the model of what VZ looks for in an employer god help them. Also it doesn't matter VZ has a 60% stack in the company they still have a foreign influence which means they are foreign. All the corporate earnings are not all staying in the US. Since your so big in number compareisons 60% is not 100%. Are all VZ workers misserable like you? We get it you worship VZ and it's easy to tear apart a company's faults in a standard that admit it or not VZ doesn't even come close in touching AT&T In and that would the amout of data devices on a network. I beleive the last I read blue has double the amount of PDA's than red. Also as shitty as you think they are still no Apple products for VZ again. I know you guys don't need or want them. Again so easy to say that now being they went a different route again.

12. Mateo8326

Posts: 472; Member since: Jul 15, 2009

Congrats ATT&T not only are they on top this quarter they are getting the ipad, and for those who don't believe those number if it wasn't true this article would be about verizon not ATT so stop hating pleassse and save you typing b4 you get arthritis

16. VZWEMP

Posts: 158; Member since: Dec 11, 2008

im not hating. but whats a greater number 15 billion or 3 billion. what percentage is lower 1.06 or 1.19. (4Q09 results for BOTH carriers) what is more 1.2 million or 910,000 stop denying it, ATT lost this year

21. Mateo8326

Posts: 472; Member since: Jul 15, 2009

i don't believe what any blogger saids about the profit of any cellular service and what they did this year. unless your username is at the bottom of any of theses articles we are replying on, the things you say is null and void. Not saying your wrong but not saying your lying either. I rather hear it from the horses mouth itself....i sure they will be a ytd profit article pretty soon here to actually find out

23. VZWEMP

Posts: 158; Member since: Dec 11, 2008

thats fine. all i know is i got to work. opened up VZW web and "Company Headlines" had an article on BOTH Verizon's Q4 results and ATT's publicized results.

25. SamTime

Posts: 253; Member since: Nov 07, 2009

They're not getting the iPad u dope. They merely have a data agreement in place for data. Sales from the iPad will be all Apple's.

26. Mateo8326

Posts: 472; Member since: Jul 15, 2009

your right then we are all fools for posting any blogs on that article and phonearena is a fool for posting it lol

13. CRICKETownz

Posts: 980; Member since: Oct 24, 2009

Congratulations to AT&T for the growth. Glad to see that all the bendin over and takin it up the backdoor from Apple seems to be paying off for them...luckily. It's funny to see all of the AT&T fan base finally have some legitimate reasons to post on Phonearena.com. Not sure what's gonna be the outcome when exclusivity lifts for the all-powerful iPhone but from a VZW customer congrats. All the anti-AT&T/iPhone people out there...let AT&T have their 15 mins. without all the hatorade.

18. Iphoneluv

Posts: 59; Member since: Nov 13, 2009

I hope by looking at your screen name your not talking ish and your on Cricket Wireless.......WTF??? Please say it ain't so dude

19. CRICKETownz

Posts: 980; Member since: Oct 24, 2009

Clearly you missed the "but from a VZW customer congrats" statement that I typed...evidently you forgot to download the app that helps you pay attention to what someone types.

15. crzyl3gs

Posts: 2; Member since: Jan 28, 2010

To VZWEMP. Your infos are incorrect. ATT reported revenues of 30.9 billions in Q4 to Verizon's 15.7 billions. As a whole ATT net profit 3 billiion to Verizon as a whole loss of 653 million. You can check this at BGR.http://www.boygeniusreport.com/2010/01/28/att-posts-strong-q4-adds-2-7-million-wireless-subscribers /

17. VZWEMP

Posts: 158; Member since: Dec 11, 2008

Thats ATT as an entire company...not their wireless division. and Verizon Communications lost 653 mill, once again thats Verizon Comm NOT Verizon Wireless. Verizon Wireless and ATT wireless and two completely different entities from the Comm division. did you even bother to read both articles completely or did you just skim through them 91 million customers compared to 85 million...hmmmmm i think we both know who those number beling to.

20. CRICKETownz

Posts: 980; Member since: Oct 24, 2009

Wireless carrier beef...lol..i love it. Keep it comin

22. broro

Posts: 4; Member since: Jan 28, 2010

Look at communications on a whole: as the total home and wireless solution, at&t netted 3 Bil "Verizon as a whole reported a $653 million net loss for the quarter." (from the article mentioned above) Let's keep it real. Both carriers are very good, which is why they are both so far ahead of the rest. And when at&t releases its 5 android phones this quarter, we'll see how the numbers stack up.

24. brikz4real

Posts: 173; Member since: Dec 24, 2008

I currently have Verizon service and plan on sticking with them for the excellent coverage and service they provide. But I am still happy for AT&T. What this does is provide a lot of competition in the market. Now if only Sprint can get their act together. Hmm, maybe not. Whereas AT&T's 2009 had a happy ending, Sprint's probably was a tragedy.

28. Homotechual

Posts: 65; Member since: Oct 27, 2009

VZWEMP I don't care for post/pre paid customers. Verizon gained 2.2 million AT&T gained 2.7 million. I think AT&T won that round no matter how you change the numbers to make yourself feel better.

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