AT&T 4Q15 revenues surge to USD42.1bn on the back of DirecTV takeover

27 Jan 2016

US telecoms giant AT&T Inc has reported consolidated revenues of USD42.119 billion for the three months ended 31 December 2015, up 22% on an annualised basis, from USD34.439 million. The telco credits the improved top-line to its recent takeover of satellite TV giant DirecTV, which operates in the US and eleven Latin American countries. Meanwhile, AT&T’s operating income increased to USD7.532 billion in the most recent quarter, compared to a deficit of USD5.469 billion in 4Q14. Net income climbed to USD4.006 billion from USD3.146 billion, compared to a loss of USD3.999 billion in the year-ago period.

In operational terms, AT&T reported a total of 128.640 million wireless subscribers in its domestic market as of 31 December 2015, broken down as 54.981 million ‘consumer mobility’ subscribers and 73.659 million ‘business mobility’ users. In addition, AT&T closed out the year with 12.498 million fixed voice subscribers, 14.286 million broadband customers and 25.398 million pay-TV accounts, of which 5.614 million are ‘U-verse’ IPTV accounts and 19.784 million DirecTV satellite subscriptions. Elsewhere, AT&T’s ‘International’ segment reported 8.684 million mobile users in Mexico as of end-December, alongside 12.510 million Latin American pay-TV customers, including 5.444 million in Brazil.

Randall Stephenson, AT&T chairman and CEO, commented: ‘We now have a unique set of capabilities that positions us for growth and also gives us a strategic advantage in providing consumers and businesses the integrated mobile, video and data solutions they want. Our DirecTV integration is going well, and the customer response to our new integrated mobile and entertainment offers is strong’.

United States, AT&T, AT&T Mexico, DirecTV Group