Feeds

AT&T Wireless does better than expected

Falling ARPUs

  • alert
  • submit to reddit

Providing a secure and efficient Helpdesk

AT&T Wireless seems to be braving the crisis in the US telecoms market, and has reported a better first-quarter performance than Wall Street had expected. The company managed to add 650,000 customers in the first quarter, considerably better than the earlier estimates of between 425,000 and 600,000, taking its total customer base to 19.5 million.

In the first quarter ending March 31, it grew revenue by 12.5% to $3.6bn. The company posted a net loss of $178m up from a loss last year of $42m, although the company booked a charge of $166m relating to a change in accounting principles.

Redmond, Washington-based AT&T Wireless also increased the average minutes used per customer by 21.8% to 430, but booked a decline in average revenue per user by 5.8% to $58.60. The company has commited to targets set at the end of 2001 to increase its customer base by 20% by the end of the year.

©ComputerWire. All rights reserved.

Choosing a cloud hosting partner with confidence

More from The Register

next story
Same old iPad? NO. The new 'soft SIMs' are BIG NEWS
AppleSIM 'ware to allow quick switch of carriers
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Brits: Google, can you scrape 60k pages from web, pleeease
Hey, c'mon Choc Factory, it's our 'right to be forgotten'
Of COURSE Stephen Elop's to blame for Nokia woes, says author
'Google did have some unique propositions for Nokia'
It's even GRIMMER up North after MEGA SKY BROADBAND OUTAGE
By 'eck! Eccles cake production thrown into jeopardy
Mobile coverage on trains really is pants
You thought it was just *insert your provider here*, but now we have numbers
Don't mess with Texas ('cos it's getting Google Fiber and you're not)
A bit late, but company says 1Gbps Austin network almost ready to compete with AT&T
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.