AT&T Fourth Quarter Earnings highlights

Click here to read the earnings story

AT&T reported fourth quarter earnings Thursday. Here are the highlights:

  • $0.18 diluted EPS, $0.55 excluding significant items; compared to $0.46 diluted EPS and $0.50 per diluted share when excluding significant items in the year-earlier period
  • Consolidated revenues of $31.4 billion in the fourth quarter, up $653 million, or 2.1 percent, versus the year-earlier period
  • 9.9 percent growth in wireless revenues, with a 9.6 percent increase in wireless service revenues
  • Best-ever wireless net adds, with a more than 2.8 million increase in total wireless subscribers to reach 95.5 million subscribers in service; full-year wireless net adds totaled 8.9 million, the company's best-ever annual total
  • Continued expansion in new wireless growth areas; connected devices up a record 1.5 million; iPad- and Android-based tablets up 442,000
  • 27.4 percent growth in wireless data revenues, up $1.1 billion versus the year-earlier quarter
  • Postpaid subscriber ARPU (average monthly revenues per subscriber) up 2.2 percent to $62.88, the eighth consecutive quarter with a year-over-year increase
  • Best-ever fourth-quarter total wireless churn at 1.32 percent; 1.15 percent postpaid churn, matching previous best-ever fourth-quarter level
  • Second consecutive quarter of year-over-year growth in wireline consumer revenues, driven by AT&T U-verse® services
  • 246,000 net gain in AT&T U-verse TV subscribers to reach nearly 3 million in service, with continued high broadband and voice attach rates
  • 28.5 percent growth in wireline consumer IP data revenues, driven by AT&T U-verse expansion
  • 210,000 net gain in wireline broadband connections
  • 17.1 percent growth in revenues from strategic business services such as Ethernet, Virtual Private Networks (VPNs), hosting and application services, the largest increase during the year

Suggested Articles

Increased internet speeds will outpace premises WiFi capabilities, category cables can deliver the high speed and low latency demanded by consumers.

After announcing a deal to integrate the Amazon Prime Video app earlier this year, Virgin Media said that service is now available to millions of its TV…

NCTA-The Internet and Television Association is pointing to a new report that shows the cable industry had a $450 billion impact on the U.S. economy in 2018.