Company Report

AT&T grows subscribers through wireless, fiber, and HBO Max

AT&T Inc. (NYSE:T) reported fourth-quarter results that showed continuing subscriber growth in wireless, fiber, and HBO Max while continuing to reflect strong cash flows and financial strength.

Communications

Mobility:

  • 800,000 postpaid phone net adds; 1.5 million for the full year
  • 1.2 million postpaid net adds; 2.2 million for the full year
  • Nearly 6 million total domestic wireless net adds
  • Postpaid phone churn of 0.76%, second-lowest quarter ever; full-year churn of 0.79%
  • Revenues up 7.6%; service revenues up 0.5%; equipment revenues up 28.3%
  • Nation’s fastest 5G wireless network and, for the 8 th consecutive quarter in a row, the fastest network in the nation

Broadband:

  • 273,000 AT&T Fiber net adds; more than 1 million for the full year
  • Solid IP broadband ARPU growth of 4.6% growth

Video:

  • AT&T TV gains helped offset premium TV loss
    • 617,000 net loss, the result of lower churn and higher quality base

WarnerMedia

• Total domestic HBO Max and HBO subscribers top 41 million and nearly 61 million worldwide
• HBO Max activations double since the end of third-quarter 2020; 17.2 million as of the end of 4Q

Source: investors.att.com

Download PDF File from here.

Post Comment