U-verse TV adds 201,000 subscribers in 1Q 2014

Tuesday, April 22nd, 2014
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DALLAS — AT&T Inc. (NYSE:T) today reported strong first-quarter consolidated revenue and EPS growth driven by strong wireless results and accelerating wireline consumer revenues.

Strong U-verse Gains Drive Broadband Growth. Total U-verse subscribers (TV and high speed Internet) reached 11.3 million in the first quarter. U-verse TV added 201,000 subscribers in the first quarter to reach 5.7 million in service. AT&T has more pay TV subscribers than any other telecommunications company.

In the first quarter, 90 percent of new U-verse TV customers also signed up for U-verse high speed Internet. About two-thirds 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. At the end of the quarter, U-verse TV penetration was more than 21 percent.

Total U-verse Video Connections (in thousands)

 6/30/12   9/30/12  12/31/12   3/31/13   6/30/13   9/30/13  12/31/13   3/31/14
--------  --------  --------  --------  --------  --------  --------  --------
   4,146     4,344     4,536     4,768     5,001     5,266     5,460     5,661