Feeds

AT&T bags 363,000 new customers ... where did THEY come from?

Profit, revenue etc all on the way up – but someone's losing

Eight steps to building an HP BladeSystem

AT&T has had a jolly three months, banking $3.8bn in profits and adding 363,000 new contracts. But it remains unclear from whence those new customers have arrived.

Not only is the US's second-biggest network* growing, it's actually growing faster than it used to. AT&T's profit for the same quarter last year was a healthy $3.6bn, so topping by 200 million (on sales of $32.2bn) is an impressive achievement and one which comes from adding new customers as well as squeezing more money out of old ones.

The USA is getting more competitive. T-Mobile's discount offers gained it 685,000 new subscribers in its last quarter, subscribers who were popularly thought to have deserted AT&T, only they didn't. Churn (the rate at which customers leave and others join) is down too; by one per cent of one per cent to 1.07, but any downward trend is a good thing.

So roughly a million Americans have signed contracts with T-Mobile and AT&T, which either points to a population bulge of unprecedented proportions or someone else is losing out.

But AT&T has also got its wireless ARPU (Average Revenue Per User) up to $66.20, which is decent by American standards - about twice what we pay in the UK, as American's pay market rates for mobile data rather than having them subsidised by unsustainable voice revenue as we do.

Increased consumption of data is driven by increased ownership of smartphones, which now comprise 75 per cent of AT&T mobile users, but the company has also benefited from the popularity of its U-Verse broadband/TV offering which has hit ten million subscribers. U-Verse is a bundled offering, for TV, broadband and fixed telephone, though mobile remains out of the mix for the moment at least. ®

* Verizon Wireless, of course, is still very much on top.

Mobile application security vulnerability report

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
Bose says today IS F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.