AT&T posts 248K gain in U-verse TV subs
Thursday, January 28, 2010
By: Matt Stump
View Company Profile
AT&T grew U-verse TV, data and voice connections by more than 200,000 subscribers each in Q4 '09 results released today.
Video additions reached 248,000 in the quarter, down slightly from a gain of 264,000 a year ago.
U-verse data additions rose slightly, to 267,000 from 264,000 a year ago. The company lost 116,000 DSL subscribers, however, versus a net loss of just 22,000 a year earlier, to give the company an overall wireline broadband gain of 151,000 subscribers.
AT&T added 219,000 U-verse voice subscribers, which was offset by a loss of 862,000 primary and 123,000 secondary lines in the quarter. The total 766,000 line loss was an improvement over last year's loss of more than one million total lines.
The company lost 21,000 DBS subscribers in the quarter.
AT&T said more than 75% of its U-verse subscribers are in triple or quad play bundles. U-verse deployment has reached 23 million living units. At an estimated 16 million homes marketed, U-verse penetration stands at 12.9%. The company said in areas where U-verse has been launched for 24 months, penetration is 20%.
All that fueled a 31.8% increase in consumer IP revenue, AT&T said, and a 3.7% increase in ARPU. IP revenue now accounts for 34.8% of all AT&T consumer wireline revenue.
Subscribers: Login to continue reading the full analysis >>