farrahjhonson: AT&T posts $17.5 billion in revenues, adds nearly 1 million subs in Q3 2013

Wednesday, October 23, 2013

AT&T posts $17.5 billion in revenues, adds nearly 1 million subs in Q3 2013

AT&T

Data revenues through the roof, a full 75 percent of postpaid customers now on smartphones

AT&T has just posted its Q3 2013 earnings report, and the wireless side of the company's business is growing as it seems to do every quarter. The nation's second-largest carrier posted growth in revenues, earnings, subscribers — here's the breakdown:

$17.5 billion in revenues, up 5.1 percent year-over-year
$15.5 billion in wireless service revenues, up 3.7 percent y-o-y
$5.5 billion in wireless data revenues, up 17.6 percent y-o-y
$4.6 billion in operating income, up 3.4 percent y-o-y
989,000 net subscribers added in the quarter

Those are some solid numbers for the carrier, and AT&T is seeing growth in all the right places. Postpaid ARPU (Average Revenue Per User) for smartphones is up 3.1 percent for the quarter (and up 1.5 percent when factoring tablets), and data ARPU was up 16.7 percent.