AT&T Hits $32 Billion In Revenues
AT&T announced today that they have sold a record number of Android smartphones last quarter. The company reported revenues of over $32 billion. AT&T’s LTE network deployment is ahead of schedule. By next summer, AT&T is expected to be done covering the country.
“This was a solid quarter for revenue and customer additions across our key growth platforms,” stated AT&T CEO Randall Stephenson in a statement.
AT&T added around 551,000 postpaid subscribers and 632,000 total subscribers for the quarter. This includes almost 400,000 wireless-enabled tablets.
The company’s total wireless revenues including device sales includes $17.3 billion, which is up 5.7%. The service revenue accounted for $15.4 billion and data service total $5.4 billion, up around 20% from a year earlier. Over a third of customers are on LTE.
AT&T now has over 13 million people on one of their Mobile Share data accounts. Over 15% of those customers migrated from an unlimited plan. More than 25% of Mobile Share accounts are using over 10GB of data. And over 70% of smartphone customers are on some form of tiered data rather than an unlimited data plan.
AT&T sold more iPhones than in the same quarter one year ago. The company also added 233,000 TV subscribers to bring their total base to over 5 million for the first time.