AT&T Fourth Quarter Earnings highlights

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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

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