AT&T Keeps Driving U-verse Forward in Q4
Telco gains 192,000 TV and 609,000 U-verse internet subs in period
By Todd Spangler, Multichannel News -- Broadcasting & Cable, 1/24/2013 6:14:46 PM
AT&T's IPTV service stood at 4.54 million subscribers as of the end of 2012, up 19.7% from a year earlier. It had 7.7 million U-verse Internet customers (a year-over-year increase of 48%), and for the first time AT&T counted more U-verse Internet than legacy DSL customers. The telco lost 611,000 DSL lines in the period, for a net loss of 2,000 wireline broadband connections, although total broadband average revenue per unit was up more than 10% year over year.
U-verse represented 61% of AT&T's $5.5 billion residential wireline revenue for the fourth quarter of 2012, up from 53% in the year-earlier quarter and 45% two years ago.
Click here to read the full story at Multichannel.com.
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