DIRECTV up 214k; U-Verse down 240k; DTVLA down 34k subscribers in 4Q 2015

Tuesday, January 26th, 2016
AT&T logo

DALLAS — 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)