AT&T 3Q14 revenues increase 2.5% to USD33bn; AT&T Mobility adds two million users q-o-q

23 Oct 2014

US telecoms giant AT&T Inc has reported consolidated revenue of USD33.0 billion for the three months to 30 September 2014, an increase of 2.5% year-on-year. Wireless sales accounted for the lion’s share of turnover in 3Q14, rising 4.9% to USD18.3 billion, while third-quarter wireline revenue was down 0.4% to USD14.6 million. Operating income was USD5.4 billion, down from USD6.2 billion in the year-ago quarter, while net income dropped from USD3.8 billion to USD3.0 billion.

In operational terms, AT&T Mobility saw its user base reach 118.650 million as of 1 October, representing the net addition of more than two million new users in three months. Of the total, 75.105 were post-paid subscriptions, compared to 11.179 million pre-paid accounts. 13.884 million user accounts are attributed to resellers, while a further 18.482 million are said to be ‘connected devices’.

The carrier sold 1.2 million post-paid smartphones in 3Q14, and claims that 81%, or 55.8 million, of its contract customers now have such devices, up from 75%, or 50.6 million, one year earlier. Further, more than 67% of AT&T’s post-paid smartphone user base are said to possess a Long Term Evolution (LTE)-capable device, up from 42% twelve months before.

United States, AT&T, AT&T Communications