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Thread: AT&T notches 329K postpaid phone net adds in Q4

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    AT&T notches 329K postpaid phone net adds in Q4

    https://www.fiercewireless.com/wirel...-video-bundles

    Attachment 156400

    AT&T said it added 329,000 postpaid phone net customer additions in the fourth quarter, which the carrier attributed in part to its strategy of bundling its video offerings with its wireless services.

    Capex
    AT&T said it would raise its 2018 capex to around $25 billion

    Subscribers
    AT&T reported 329,000 postpaid phone net adds and postpaid phone churn of 0.89% in the period. The company said it also recorded 541,000 total postpaid net adds, 2.7 million total net adds, and 681,000 branded net adds.

    Financials
    AT&T posted consolidated revenues for the fourth quarter of $41.7 billion, down slightly from the $41.8 billion it recorded in the year-ago quarter. The company’s net income for the period clocked in at $19 billion, up from the $2.4 billion it notched in the same quarter a year ago—a massive increase AT&T attributed to the recent passage of corporate tax reform.

    5G
    AT&T’s Stephenson confirmed that the operator would first offer a “puck” when it launches mobile 5G services in a dozen cities later this year. “Getting the handsets at scale, penetrated into the market will slow things down. So it’s hard. We’ll be deploying pucks in the first part of our deployments in these 12 markets, so it is a mobile solution, but it’s not going to be a handset because there’s not going to be that many handsets available,” he said. “We’ll be pushing the vendors to make that happen faster, but we know how long these things take.”

    Time Warner
    Stephenson said AT&T continues to hope to eventually close its acquisition of Time Warner, which has been challenged by the Department of Justice. “We were obviously surprised when the government decided to block the merger because it is a classic vertical merger between two companies that don’t even compete with one another,” he said. “While we remain open to finding some reasonable solutions to address the government’s concern, we do expect this case will ultimately be litigated in court. … We remain very confident that we will complete this merger.”
    “The Internet wasn’t meant to be metered in bits and bytes, so it’s insane that wireless companies are still making you buy it this way. The rate plan is dead — it’s a fossil from a time when wireless was metered by every call or text.” John Legere 1/5/2017

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    AT&T’s capex to rise to $25B in 2018—from just $21.6B in 2017—on tax reform, FirstNet

    https://www.fiercewireless.com/wirel...eform-firstnet

    AT&T said it expects to spend up to $25 billion this year in capital expenses, a figure notably higher than most Wall Street estimates. AT&T said the increase—from around $21.6 billion in 2017—is partly due to the recently passed tax reform as well as its FirstNet efforts.

    AT&T’s capex figure for 2018 dwarfs that of rival Verizon. “We expected consolidated capital spending [in 2018] to be between $17 billion and $17.8 billion including the commercial launch of 5G,” explained Verizon CFO Matt Ellis during that carrier’s earnings call...

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    The capex is very interesting. Could be a good year for AT&T users.

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    Quote Originally Posted by mush10 View Post
    The capex is very interesting. Could be a good year for AT&T users.
    Agreed. That's a whole lot of $$$.

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    AT&T notches 329K postpaid phone net adds in Q4

    Doesn’t this CapEx count for AT&T MX as well as their wireline network?

    B2+B66+B30+B5 (20 MHz + 10 MHz + 10 MHz + 5 MHz)
    Minneapolis, MN

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    Quote Originally Posted by jakeuten View Post
    Doesn’t this CapEx count for AT&T MX as well as their wireline network?
    Maybe but the spending increase for FirstNet will benefit all AT&T subscribers.

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