 ColorBASIC8-bit FunPremium
join:2006-12-29
Corona, CA | Wow, how about a little perspective U-Verse, yeah they're at 51,000, a 300% increase in subcribers from the 1st quarter. Pretty good.
Revenue is nearly double what it was the prevous year, margins are up from 19 to 24%.
Over 400,000 new DSL adds..that is still great but shy of the absolutely insane 700,000 adds previously.
And no one in their right mind expected a 1/2 million iPhone ACTIVATIONS in LESS THAN 2 days. 150K activations in less than 2 days of sales ain't shabby. Certainly far more were sold that weekend that weren't activated by the time the qtr closed. And of course sales have been robust since then. And nearly 1/2 of those activations were non-AT&T subs...either their first phone or I would guess the former customer of a competitor.
All of the news is good for AT&T except for their continued bleeding of POTS customers due to overpriced options like Caller ID.
And call the iPhone an over hyped, over priced, crash happy POS that is open to attacks, 8GB ain't enough memory and while I can afford a $600 phone I can't afford an $80 battery and all the other hater nonsense...the iPhone has been a huge success for both Apple and AT&T. AT&T is snaking subs from their competitors while Apple makes profit not only on the phone, but a share of the $60+/mo service fees customers are paying every month.
--
Macintosh Users Group Serving the Inland Empire |
|
plat2on1
join:2002-08-21
Hopewell Junction, NY | how many of those DSL adds are of the $10 a month variety? those have to be costing an arm and a leg. |
|
 RickPremium,MVM
join:2001-02-06
Waterbury, CT | reply to ColorBASIC
WOW. You're good. That is an AMAZING spin on a telco that just lost almost another 1/4 Million landlines in just THREE months time.
And, how about that pewverse (tm) service..eh?
All these months now..all those MILLIONS of homes passed...block parties..employees taking it..friends and family ....LOW prices...and they have so far managed to scrape together..
51,000 customers nationwide.
My friend, what you are witnessing is as bad as the demise of AOL dialup IMHO.
When the cable and fios industry is cranking out 30Mb speeds, and AT&T and their rusted out copper dsl service is still humming along at 1/30th that...how many do you think will even keep that?
You are witnessing the huge loss of landlines..
the horrible performance of their uverse rollout..and
the slow painful up and coming death of their DSL service as cable rips their last customers from the dying clutches of their new Ceo's fingers..
But, of course, they do have the iphone.
All 190+k customers who signed up..out of an expected 700k apparently.
You know what?
This is one very sad company right now.
--
The Coyote captured the RR! Roadrunner Rick is now Comcastic! |
|
| You forgot to mention that in Q2, AT&T added 200,000 new video customers (U-verse and satellite)...more than the four major cable companies COMBINED added in all of 2006. |
|
 icp1Premium
join:2000-10-13
Saint Louis, MO | reply to Rick
said by Rick:You know what? This is one very sad company right now. Total Revenue up
Largest ISP
Largest wireless company
Operating margin of 23%
wireline revenues now only 15-20% of revenue, it's all wireless and data.
...
Yah, they are doomed, doomed I tell you! |
|
ColorBASIC8-bit FunPremium
join:2006-12-29
Corona, CA | reply to plat2on1
said by plat2on1:how many of those DSL adds are of the $10 a month variety? those have to be costing an arm and a leg. According to reports they're doing their best to hide the $10 deal.
--
Macintosh Users Group Serving the Inland Empire |
|
ColorBASIC8-bit FunPremium
join:2006-12-29
Corona, CA
3 edits | reply to Rick
And despite these supposed catastrophic POTS losses, they've:
Nearly doubled revenues
Added nearly 1/2 MILLION DSL subs
Took nearly 100,000 wireless subs from other carriers in less than 2 days
And saw an 25% increase in margins
Yep, horrible.
--
Macintosh Users Group Serving the Inland Empire |
|
RickPremium,MVM
join:2001-02-06
Waterbury, CT | Color basic..skype added 18 gazillion new voip customers too in a year because..they gave it away.
Isn't that what 10.00 dsl is too? I mean, how desperate do you need to get to try to acquire customers? Is their business model now to have customers send them whatever spare change they can from under their car seats just to try to sell a customer on their service?
I thought the 19.99 DSL was bad..then it went to 15.00..now they're at 10.00.
I mean..what comes next..500 million new subs next year at 1.00 a month each?
This is a TELEPHONE company losing another 1/4 million landlines. And, a company with a next generation VERY low priced uverse service..STILL only selling 51,000 people the service..out of about 25 markets now open.
These numbers are HORRIBLE Color Basic. HORRIBLE.
And, the only growth they can apparently find is to manage to sell some practically giveaway DSL service now.
As far as these year over year numbers..you also need to be careful with them because of the B.South acquisition.
GROWTH..through acquisition..isn't growth at all.
The numbers that count I think are the ones i'm citing.
And, they're downright scary if you ask me.
--
The Coyote captured the RR! Roadrunner Rick is now Comcastic! |
|
ColorBASIC8-bit FunPremium
join:2006-12-29
Corona, CA
2 edits | The difference is AT&T has a 24% MARGIN, up 20% from last year.
On top of that they've doubled their revenues.
Given that despite everyone's claims of gloom and doom revenues have nearly doubled and margins increased 20% the loss of POTS doesn't seem to matter much.
There is nothing horrible about a 300% increase is subscribership in a nearly new U-Verse or grabbing nearly 100,000 of your wireless competitors subscribers in less than 2 days.
And there is certainly nothing horrible in doubling revenues and ever increasing margins.
Increasing revenues and increasing margins are the only numbers that count.
No matter how many times people bring up the POTS subs or $10 DSL subs...it doesn't seem to matter in terms of revenue and margin.
The numbers that matter are stellar.
--
Macintosh Users Group Serving the Inland Empire |
|
 BF69Premium
join:2004-07-28
Camden, TN | reply to ColorBASIC
said by ColorBASIC:U-Verse, yeah they're at 51,000, a 300% increase in subcribers from the 1st quarter. Pretty good. So if I start a company and I go from ONE customer to 5 that's a %400 increase so I'm doing better than at&t right? |
|
Zoder
join:2002-04-16
Miami, FL | reply to ColorBASIC
said by ColorBASIC:Revenue is nearly double what it was the prevous year, margins are up from 19 to 24%. You are looking at the wrong numbers. Last year's revenue of 15.9 billion is for AT&T only and does not include Bellsouth/Cingular numbers. Revenue actually increased 2% from a year ago when you include those numbers. |
|
|
|
bmn? ? ?Premium,ExMod 2003-06
join:2001-03-15
hiatus | reply to ColorBASIC
said by ColorBASIC:Revenue is nearly double what it was the prevous year, margins are up from 19 to 24%. With respect to their revenue doubling, that would be an accounting slight of hand aided by their purchase of Bellsouth.
--
Prove it...
Save the Internet Time (NTP) service, use the pool. |
|
ColorBASIC8-bit FunPremium
join:2006-12-29
Corona, CA | But if the margins are up as well, it is still a good thing. |
|
ColorBASIC8-bit FunPremium
join:2006-12-29
Corona, CA | reply to Zoder
said by Zoder:said by ColorBASIC:Revenue is nearly double what it was the prevous year, margins are up from 19 to 24%. You are looking at the wrong numbers. Last year's revenue of 15.9 billion is for AT&T only and does not include Bellsouth/Cingular numbers. Revenue actually increased 2% from a year ago when you include those numbers. Doesn't matter when the margins are up too.
--
Macintosh Users Group Serving the Inland Empire |
|
bmn? ? ?Premium,ExMod 2003-06
join:2001-03-15
hiatus | reply to guardfrog
said by guardfrog:You forgot to mention that in Q2, AT&T added 200,000 new video customers (U-verse and satellite)...more than the four major cable companies COMBINED added in all of 2006. Accounting slight hand trickery... Do a little bit of digging and you will see that they are including the Bellsouth satellite subs in those numbers. ATT didn't actually get those 200,000 subs, they just appeared as a result of the take over.
--
Prove it...
Save the Internet Time (NTP) service, use the pool. |
|
ColorBASIC8-bit FunPremium
join:2006-12-29
Corona, CA | reply to BF69
said by BF69:said by ColorBASIC:U-Verse, yeah they're at 51,000, a 300% increase in subcribers from the 1st quarter. Pretty good. So if I start a company and I go from ONE customer to 5 that's a %400 increase so I'm doing better than at&t right? What would make you happy? You have to start with ZERO customers. They went from 13,000 to 51,000 in a quarter. Considering their extremely limited footprint and they're in the earliest stages of deployment, what did you expect.
It seem to me that people just love to hate AT&T and if they went to 500,000 customers you would still say they suck.
--
Macintosh Users Group Serving the Inland Empire |
|
bmn? ? ?Premium,ExMod 2003-06
join:2001-03-15
hiatus | reply to ColorBASIC
said by ColorBASIC:But if the margins are up as well, it is still a good thing. Margins up or not, you have to recognize the fact that the numbers are accounting voodoo at work. Its technically all kosher, but at the same time, it spins the story in a way that appears very differently from what actually happened.
As for the margins being up, that could easily be attributed to being the SOLE stake holder in Cingular again or by cutting away some slag during the consolidation of the Bellsouth into The Empire.
--
Prove it...
Save the Internet Time (NTP) service, use the pool. |
|
ColorBASIC8-bit FunPremium
join:2006-12-29
Corona, CA
1 edit | It's not voodoo...it's a news item trying to paint a grim picture of AT&Ts situation when the opposite is true.
Love or hate AT&T, they're doing well, just like people love to hate Comcast, but they do very well.
--
Macintosh Users Group Serving the Inland Empire |
|
bmn? ? ?Premium,ExMod 2003-06
join:2001-03-15
hiatus | said by ColorBASIC:It's not voodoo...it's a news item trying to paint a grim picture of AT&Ts situation when the opposite is true. Sorry, but objectively speaking, it is playing loose with the numbers. Counting the subs you added as a result of a merger and the revenue you absorbed as a result of an acquisition is VASTLY different from the revenue due to your own operations increasing or you adding subs through advertising.
Basically ATT is saying their revenue doubled but leaving out the reason why... Without the reason why, the number is meaningless.
--
Prove it...
Save the Internet Time (NTP) service, use the pool. |
|
ColorBASIC8-bit FunPremium
join:2006-12-29
Corona, CA
2 edits | Scoreboard.
Why revenue increased is irrelevant (so long as margins are maintained) unless you're looking to give credit for it. If you are only interested in whether or not revenue increased and whether or not margins are up...you have your answer and the news is good.
AT&T is doing just fine despite claims of gloom and doom over POTS sub losses.
--
Macintosh Users Group Serving the Inland Empire |
|
