AT&T U-verse TV adds 232,000 subscribers in 1Q 2013

DALLAS, Texas — AT&T Inc. (NYSE:T) today reported strong earnings per share and cash flows in the first-quarter driven by strong mobile data growth, solid postpaid net adds and continued strong gains in U-verse services.

AT&T’s first-quarter wireline results were led by strong U-verse TV and high speed Internet gains, solid wireline consumer revenue growth and the best broadband gains in eight quarters.

Total U-verse revenues grew 31.5 percent year over year and were up 5.0 percent versus the fourth quarter of 2012. Total U-verse subscribers (TV and high speed Internet) reached 8.7 million in the first quarter. U-verse TV added 232,000 subscribers, its best net gain in nine quarters, to reach 4.8 million in service. U-verse High Speed Internet delivered a best-ever net gain of 731,000 subscribers to reach a total of 8.4 million. Overall, the company added 124,000 wireline broadband subscribers, the best quarterly increase in eight quarters.

Video – Total U-verse Connections (thousands):

 6/30/11   9/30/11  12/31/11   3/31/12   6/30/12   9/30/12  12/31/12   3/31/13
--------  --------  --------  --------  --------  --------  --------  --------
   3,407     3,583     3,791     3,991     4,146     4,344     4,536     4,768