US telecoms giant AT&T Inc. has reported operating revenues of USD39.7 billion for the three months ended 30 September 2017, down from USD41.8 billion on an annualised basis. The telco notes that the slump was primarily due to declines in legacy wireline services and consumer mobility. Further, excluding the impact of hurricanes (in the US and its unincorporated territories) and earthquakes (in Mexico) in the third quarter, revenues would have reached USD39.8 billion. Operating income remained practically unchanged at USD6.4 billion, while net income attributable to AT&T decreased from USD3.3 billion to USD3.0 billion.
In operational terms, AT&T reported a total of 138.826 million wireless subscribers in its domestic market as of 30 September 2017, of which 36.398 million were attributed to ‘connected devices’ (i.e. M2M). Elsewhere, AT&T’s ‘International’ segment reported 13.779 million mobile users in Mexico as of end-September, alongside 13.490 million Latin American pay-TV customers, of which 5.289 million were located in Brazil.