AT&T Posts Strong Fourth-Quarter Earnings Growth

AT&T Inc. (NYSE: T) has reported strong fourth-quarter earnings growth led by record subscriber gains in wireless, continued solid regional wireline growth, improved enterprise trends, and merger integration initiatives that continue to generate cost savings ahead of original targets.

Broadband and Video Progress

AT&T’s high-speed Internet connections — including DSL, AT&T U-verse^SM high speed Internet and satellite broadband services — increased by 383,000 in the fourth quarter to 8.5 million, up 1.6 million, or 23.4 percent, over the past year. High speed Internet penetration of consumer primary lines reached 33.3 percent at the end of the fourth quarter, up from 25.5 percent a year earlier and 17.7 percent at the end of 2004. Video connections — AT&T | DISH Network satellite television and AT&T U-verse service — increased by 49,000 to reach 635,000 in service. AT&T U-verse services are now launched in parts of 11 markets in Texas, California, Indiana and Connecticut.

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