FAQs
1. How much did AT&T’s earnings fall in the fourth quarter?
Answer: Earnings fell 23.6 percent year over year.
2. What was AT&T’s total revenue for the fourth quarter?
Answer: $31.1 billion.
3. What was the revenue increase compared to the previous year’s fourth quarter?
Answer: 2.4 percent.
4. How many new wireless subscribers did AT&T add in the quarter?
Answer: 2.1 million.
5. How many new iPhone 3G subscribers did AT&T add in the quarter?
Answer: 1.9 million.
6. What percentage of new iPhone 3G subscribers were new to AT&T?
Answer: About 40 percent.
7. How much higher is the average revenue per user for iPhones compared to other AT&T products?
Answer: 1.6 times higher.
8. How many text messages did AT&T wireless customers send in the fourth quarter?
Answer: Nearly 80 billion.
9. What percentage of AT&T’s fourth-quarter wireless service revenue came from data?
Answer: 26.6 percent.
10. How many new U-Verse subscribers did AT&T add in the fourth quarter?
Answer: 264,000.
11. What percentage did AT&T’s consumer IP data revenue grow by in the fourth quarter?
Answer: 21.4 percent.
12. How many workers did AT&T announce plans to cut in December?
Answer: 12,000.
Summary
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AT&T reported a 23.6 percent decrease in earnings for the fourth quarter due to higher operating expenses. Despite the economic climate, revenue increased 2.4 percent to $31.1 billion. Key growth drivers included its wireless business, with 13.2 percent revenue growth, and the addition of 1.9 million new iPhone 3G subscribers. The wireless data revenue also saw significant growth of 51.2 percent, with 80 billion text messages sent during the quarter. AT&T’s U-Verse broadband and TV service also continued to grow, adding 264,000 new subscribers. Despite these positive signals, AT&T plans to cut 12,000 workers in an effort to reduce costs. Overall, AT&T remains optimistic about its prospects for 2009 due to its strong balance sheet and growth in key areas.
For more information and updates, visit the AT&T website.
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Source: https://anytimesoftcare.com
Category: Internet