AT&T U-verse TV adds 192,000 subscribers in 4Q 2012 to reach 4.5 million

DALLAS, Texas — AT&T Inc. (NYSE:T) today reported fourth-quarter results highlighted by strong wireless revenue growth, record smartphone sales, the highest postpaid net adds in three years and accelerating consumer wireline revenue growth thanks to U-verse services.

Total U-verse Subscribers Reach 8 Million

Total U-verse subscribers (TV and high speed Internet) reached 8.0 million in the fourth quarter. U-verse TV added 192,000 subscribers to reach 4.5 million in service. U-verse High Speed Internet delivered a fourth-quarter net gain of 609,000 subscribers to reach a total of 7.7 million, helping offset losses from DSL, and for the first time, the company has more consumer U-verse High Speed Internet subscribers than DSL subscribers. Overall, AT&T wireline broadband subscribers were flat; however, total broadband ARPU was up more than 10 percent year over year.

Fifty-five percent of U-verse broadband subscribers have a plan delivering speeds up to 12 Mbps or higher — up from 46 percent in the year-ago quarter. About 90 percent of new U-verse TV customers also signed up for U-verse High Speed Internet in the fourth quarter. About 70 percent of AT&T U-verse TV subscribers take three or four services from AT&T. ARPU for U-verse triple-play customers was more than $170, up year over year. U-verse TV penetration of customer locations continues to grow and was at 18.7 percent at the end of the fourth quarter.

Video subscribers (000s)

                         Twelve Months Ended
               -----------------------------
               31/12/2012  31/12/2011  % Chg
               ----------  ----------  -----
U-verse             4,536       3,791  19.7%
Satellite           1,600       1,765  -9.3%
Total               6,136       5,556  10.4%
Net Change            580         639  -9.2%