DIRECTV NOW passes 200k; AT&T linear down 27k; DTVLA down 21k video subs in 4Q 2016
Wednesday, January 25th, 2017DALLAS — AT&T Inc. (NYSE:T) today reported 2.8 million North American wireless net adds, strong DIRECTV NOW growth and solid adjusted operating margin and earnings gains, with continued free cash flow growth for the fourth quarter.
Entertainment Group
The company added 235,000 satellite subscribers in the fourth quarter. IPTV subscribers declined by 262,000 as the company continued to focus on profitability and emphasized satellite sales. For the third straight quarter, gross additions increased on a year-over-year basis even when excluding IPTV customers transitioning to DIRECTV.
During the quarter, the company introduced DIRECTV NOW and added more than 200,000 subscribers. Special promotions and launch pricing helped drive this strong growth. Also, there is not enough historical data at this time for the company to provide insights on expected churn.
The Entertainment Group ended the quarter with 25.5 million total video subscribers when including DIRECTV NOW subscribers and 25.3 million linear video subscribers.
Video (in thousands)
3/31/15 6/30/15 9/30/15 12/31/15 3/31/16 6/30/16 9/30/16 12/31/16 -------- -------- -------- -------- -------- -------- -------- -------- Connections U-verse 5,969 5,946 5,854 5,614 5,232 4,841 4,515 4,253 DIRECTV - - 19,570 19,784 20,112 20,454 20,777 21,012 Total 5,969 5,946 25,424 25,398 25,344 25,295 25,292 25,265 Additions U-verse 49 (23) (92) (240) (382) (391) (326) (262) DIRECTV - - 26 214 328 342 323 235 Total 49 (23) (66) (26) (54) (49) (3) (27)
International – DIRECTV Latin America
Fourth-quarter subscriber net losses were 21,000, driven by declines in Brazil that were partially offset by gains in Chile, Colombia, Uruguay and Ecuador. Total subscribers at the end of the quarter were 12.5 million. Sky Mexico had approximately 7.9 million subscribers as of Sept. 30, 2016.
Video (in thousands)
9/30/15 12/31/15 3/31/16 6/30/16 9/30/16 12/31/16 -------- -------- -------- -------- -------- -------- Connections Brazil 5,538 5,444 5,342 5,348 5,337 5,249 Other Countries 7,006 7,066 7,094 7,175 7,139 7,206 Total 12,544 12,510 12,436 12,523 12,476 12,455 Additions Brazil (129) (94) (101) 6 (12) (88) Other Countries 16 60 28 81 (36) 67 Total (113) (34) (73) 87 (48) (21)
Latest News
- Skyworth and China Mobile launch 8K set-top box
- Orange Spain, MASMOVIL joint venture begins operations
- Brightcove launches Cloud Playout 2.0
- MediaKind to unveil video, streaming and AI technologies at NAB
- FreeWheel releases H2 2023 Video Marketplace Report
- Wurl solution matches CTV ads with program context in real time