AT&T U-verse TV subscribers reach 4 million in service

Tuesday, April 24th, 2012 
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DALLAS, Texas — AT&T Inc. (NYSE:T) today reported first-quarter results highlighted by strong 4G mobile data sales and wireless margins, and solid revenue and earnings growth.

Total AT&T U-verse subscribers (TV and High Speed Internet) reached 6.2 million in the first quarter. AT&T U-verse TV added 200,000 subscribers to reach 4.0 million in service. In the first quarter, the AT&T U-verse High Speed Internet attach rate was more than 90 percent and about half of new subscribers took AT&T U-verse Voice.

About three-fourths of AT&T U-verse TV subscribers have a triple- or quad-play option from AT&T. ARPU for U-verse triple-play customers was $169, up slightly year over year. Penetration of eligible living units continues to grow and was at 16.8 percent in the first quarter, and 27.1 percent across areas marketed to for 42 months or more.

AT&T U-verse High Speed Internet delivered a first-quarter net gain of 718,000 subscribers to reach a total of 5.9 million, more than offsetting losses from DSL. Overall, AT&T added 103,000 wireline broadband connections. About 45 percent of consumers have a broadband plan delivering speeds up to 6 Mbps or higher versus 35 percent in the year-ago quarter.

Video Connections (000):

                 Three Months Ended
               --------------------      
               3/31/2012  3/31/2011  % Chg
               ---------  ---------  -----
U-verse            3,991      3,205  24.5%
Satellite          1,732      1,886  -8.2%
               ---------  ---------  -----
Total              5,723      5,091  12.4%
Net Change           167        174  -4.0%

More: Earnings Release

Links: AT&T