US telco AT&T Inc has reported consolidated revenues of USD32.1 billion for the three months ended 30 June 2013, a rise of 1.6% year-on-year. Wireless sales accounted for the bulk of revenues in 2Q13, rising 5.7% to USD17.3 billion, while wireline revenues dropped 0.9% y-o-y to USD14.8 billion. Operating income plummeted 10.3% to USD6.1 billion in the second quarter, while net income for the period under review dropped 2.1% to USD3.9 billion.
In operational terms, AT&T Mobility posted a net increase of 632,000 users in the second quarter, of which 551,000 were post-paid subscribers; just 11,000 new connections were pre-pay users. Meanwhile, net additions for ‘connected devices’ were 484,000, while reseller accounts dropped by 414,000. The cellco also added 1.2 million post-paid smartphone users in the second quarter, meaning that by 30 June 2013, 73% (49.5 million) of its contract customers had smartphones, up from 64% (43.1 million) a year earlier. Further, more than 35% of AT&T’s post-paid smartphone customer base now use a Long Term Evolution (LTE)-capable device, equivalent to around 17.325 million potential 4G users.