AT&T Keeps Driving U-verse Forward in Q4
By Todd Spangler published
U-verse continues to buoy AT&T's consumer wireline unit -- with the telco adding 192,000 TV and 609,000 U-verse Internet customers in the fourth quarter of 2012 -- as revenue from the IP-based services offset its ongoing DSL and voice line losses.
AT&T's IPTV service stood at 4.54 million subscribers as of the end of 2012, up 19.7% from a year earlier. It had 7.7 million U-verse Internet customers (a year-over-year increase of 48%), and for the first time AT&T counted more U-verse Internet than legacy DSL customers. The telco lost 611,000 DSL lines in the period, for a net loss of 2,000 wireline broadband connections, although total broadband average revenue per unit was up more than 10% year over year.
U-verse represented 61% of AT&T's $5.5 billion residential wireline revenue for the fourth quarter of 2012, up from 53% in the year-earlier quarter and 45% two years ago.
Click here to read the full story at Multichannel.com.
The smarter way to stay on top of broadcasting and cable industry. Sign up below.
Thank you for signing up to Broadcasting & Cable. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.