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AT&T Sells 6 Million Smartphones in Q1
Though Growth Slows For Net Contract Adds
by Karl Bode 06:06PM Tuesday Apr 23 2013
AT&T this afternoon released their first quarter earnings, which detailed revenues of $31.4 billion and net income of $3.7 billion. AT&T sold a record 6 million smartphones during the first quarter, (4 million of which were iPhones) and added 1.2 million smartphones -- most of which were feature phone upgrades. Still, growth has some investors nervous; AT&T added a net 296,000 contract wireless devices on the quarter, though when you subtract tablets AT&T lost 69,000 net devices on contract plans. That slowed growth means you can expect more "because we can" fees like this one to keep hungry investors fed. On the wireline front, AT&T added 731,000 U-Verse broadband and 232,000 U-Verse TV subscribers, but lost 607,000 DSL customers.

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ITALIAN926

join:2003-08-16
kudos:2
Reviews:
·Verizon FiOS

4 edits

off numbers

Click for full size
Im looking at the Net adds for video and internet, sorry the Netflix dream is not coming true, YET.

From their linked tables "supp.. "

Edit: Now I see how its adding up, their official statements are confusing as hell .
quote:
8.7 million total U-verse subscribers (TV and high speed Internet) in service; 731,000 high speed Internet subscribers added, the best-ever quarterly gain; and a net gain of 232,000 U-verse TV subscribers, the strongest growth in nine quarters
Obviously they must mean 731,000 Uverse internet, and the huge imbalance when compared to net TV adds shows how many people they are forcing off copper. "but lost 607,000 DSL customers." mainly to themselves moving people off legacy DSL onto Uverse.

trparky
Apple... YUM
Premium,MVM
join:2000-05-24
Cleveland, OH
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1 recommendation

For one...

For one, the wireless market is pretty damn close to being completely saturated. Those who want a phone already have one. So now it comes down to reducing customer churn rates. Keep your current customers happy so that they don't feel like wanting to switch carriers after their two-year contracts are up.
--
Tom
Boycott AT&T uVerse! | Tom's Android Blog

Mizzat
Will post for thumbs
Premium
join:2003-05-03
Atlanta, GA
kudos:1

Re: For one...

said by trparky:

For one, the wireless market is pretty damn close to being completely saturated. Those who want a phone already have one. So now it comes down to reducing customer churn rates. Keep your current customers happy so that they don't feel like wanting to switch carriers after their two-year contracts are up.

Close? It's already over 100%. Assuming you're talking about phones.

For M2M, tablets, and other connected devices it's not even close

hatreatt

@50.30.200.x

lies in ads

people are sick of att false advertising about the largest 4g network when its clear verizon has the largest 4g lte network.

battleop

join:2005-09-28
00000

Re: lies in ads

Their record numbers clearly back up your statement. /scarcasam off

trparky
Apple... YUM
Premium,MVM
join:2000-05-24
Cleveland, OH
kudos:2
Tell that to parts of my city that are still puttering along on Verizon's horribly overloaded 3G network. And that's even in the affluent areas of the city.

Verizon, America's Best Network. HA! Don't make me laugh. If they're America's best network, I'd hate to see the worst.
--
Tom
Boycott AT&T uVerse! | Tom's Android Blog

trparky
Apple... YUM
Premium,MVM
join:2000-05-24
Cleveland, OH
kudos:2
And as for the 4G argument. It doesn't matter if the 4G network is HSPA+ or LTE, as long as it's fast.
tmc8080

join:2004-04-24
Brooklyn, NY

$$

boon for advertisers, they'll dump more than twice as much money into advertising than lowering rates.