AT&T U-verse TV adds 265,000 subscribers in 3Q 2013 to reach 5.3 million in serviceWednesday, October 23rd, 2013
AT&T Reports Strong EPS Growth with Solid Wireless Gains, Record U-verse Results in the Third Quarter
DALLAS, Texas — AT&T Inc. (NYSE:T) today reported solid third-quarter results with strong revenue and earnings growth driven by continued gains in the company’s key growth drivers — mobile and IP data, U-verse and strategic business services.
U-verse Reaches 10 Million Subscribers
Total U-verse subscribers (TV and high speed Internet) reached 10 million in the third quarter. U-verse TV had its second-highest net adds ever and best net adds in almost five years, adding 265,000 subscribers to reach 5.3 million in service. AT&T now has more pay TV subscribers than any other telecommunications company. U-verse high speed Internet had a net gain of 655,000 subscribers to reach a total of 9.7 million, an increase of 37 percent from the year-ago quarter. Overall, the company had a net loss of 26,000 wireline broadband subscribers in the quarter; these increased slightly year over year. Total wireline broadband ARPU was up more than 8 percent year over year. Total U-verse high speed Internet subscribers now represent 59 percent of all wireline broadband subscribers compared with 43 percent in the year-earlier quarter.
About 60 percent of U-verse broadband subscribers have a plan delivering speeds up to 12 Mbps or higher. In the third quarter, more than 90 percent of new U-verse TV customers also signed up for U-verse high speed Internet. 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 continues to be more than $170. U-verse TV penetration of customer locations continues to grow and was at 20.8 percent at the end of the third quarter.
U-verse Video Connections:
30/09/2013 30/09/2012 % Chg ---------- ---------- ----- Total 5,266 4,344 21.2% Net Change Three Months Ended 265 198 33.8% Nine Months Ended 730 553 32.0%