AT&T adds 248,000 U-verse TV subscribers in 4Q09
Thursday, January 28th, 2010
DALLAS , Texas — AT&T Inc. (NYSE:T) today reported fourth-quarter results highlighted by solid momentum across key growth areas.
Solid, Consistent AT&T U-verse Gains
AT&T U-verse TV subscribers increased by 248,000 in the quarter to reach 2.1 million, up more than 1 million over the past year. This was the company’s fifth consecutive quarter with AT&T U-verse TV net adds above 240,000. More than three-fourths of AT&T U-verse TV subscribers have a triple- or quad-play option from AT&T. AT&T’s U-verse deployment now reaches approximately 23 million living units. Companywide penetration of eligible living units now approaches 13 percent, and across areas marketed to for 24 months or more, overall penetration exceeds 20 percent. AT&T’s total video subscribers, which combine the company’s U-verse and bundled satellite customers, reached 4.2 million at the end of the year, representing 16.0 percent of households served.
Video Connections (in thousands)*:
3/31/08 6/30/08 9/30/08 12/31/08 3/31/09 6/30/09 9/30/09 12/31/09
-------- -------- -------- -------- -------- -------- -------- --------
Satellite Connections 2,232 2,235 2,182 2,190 2,205 2,210 2,195 2,174
U-verse Video Connections 379 549 781 1,045 1,329 1,577 1,816 2,064
*Video connections include sales under agency agreements with EchoStar and DirecTV customers and U-verse connections.
More: Earnings Release
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