DIRECTV up 214k; U-Verse down 240k; DTVLA down 34k subscribers in 4Q 2015
Tuesday, January 26th, 2016DALLAS — AT&T Inc. (NYSE:T) today reported 2.8 million wireless net adds and double-digit revenue, adjusted operating margin, adjusted EPS and free cash flow growth for the fourth quarter.
Entertainment Group
Total video subscribers were down slightly in the quarter. The company added 214,000 U.S. satellite subscribers in the fourth quarter. U-verse TV subscribers declined 240,000 as the company focused on profitability and increasingly emphasized satellite sales. The company ended the quarter with 25.4 million video subscribers.
Video (in thousands)
3/31/14 6/30/14 9/30/14 12/31/14 3/31/15 6/30/15 9/30/15 12/31/15 -------- -------- -------- -------- -------- -------- -------- -------- Connections U-verse 5,661 5,851 6,067 5,943 5,993 5,971 5,880 5,640 DIRECTV - - - - - - 19,570 19,784 Total 5,661 5,851 6,067 5,943 5,993 5,971 25,450 25,424 Additions U-verse 201 190 216 -124 50 -22 (91) (240) DIRECTV - - - - - - 26 214 Total 201 190 215 73 50 (22) (65) (26)
International – DIRECTV Latin America
Fourth-quarter subscriber net losses were 34,000, driven by declines in Brazil. Total subscribers at the end of the quarter were 12.5 million. Sky Mexico had approximately 7.1 million subscribers as of September 30, 2015, bringing the total subscribers in the region to 19.6 million.
Video (in thousands)
9/30/15 12/31/15 -------- -------- Connections Brazil 5,538 5,444 Other Countries 7,006 7,066 Total 12,544 12,510 Additions Brazil (129) (94) Other Countries 16 60 Total (113) (34)
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