AT&T reports Q4 wireless operating income up 54%; smartphones were 93% of postpaid phone sales
During the three months ended in December, the nation's second largest carrier report a net addition of 566,000 postpaid accounts. The Carrier added more than half a million net new smartphone accounts in the quarter, both postpaid and prepaid. AT&T also added 440,000 net branded tablet additions in the three month period. Overall, the mobile operator has 110.36 million customers, 72.6 million of whom are on a postpaid plan. Churn was 1.11%, a record low for a fourth quarter, but still higher than the churn in some of the other quarters in 2013.
AT&T's early upgrade program, Next, was responsible for the sale of 1 million smartphones in Q4. That represented 15% of all smartphone additions and upgrades in the quarter. 77% of the AT&T's postpaid subscribers are now using a smartphone, up 10% year-over-year. Mobile Share now has 21 million subscribers, accounting for 29% of total postpaid subscribers.
source: AT&T (1), (2)