AT&T Posts $32 Billion Revenue, 6.8 Million Smartphone Sales in Q2 2013

Posted July 23, 2013 at 8:39pm by iClarified | Please help us and submit a translation by clicking here | 4219 views

AT&T announced their Q2 2013 results of $32.1 billion in revenue, 551,00 Postpaid net adds (Verizon added 941,000) and their best second quarter smartphone sales of 6.8 million smartphones -- including record Android device sales.

AT&T now reports that 73% of their postpaid customers are now on smartphones -- a 16% year-over-year jump. Overall net income was $3.8 billion.

● 0.71 diluted EPS compared to $0.66 diluted EPS in the second quarter of 2012, up
7.6 percent. Excluding significant items, EPS was $0.67
● Consolidated revenues of $32.1 billion, up 1.6 percent versus reported results for the year-earlier period, and up 2.6 percent adjusting for the sale of Advertising Solutions
● More than 2 million new wireless and wireline high speed broadband connections
●Wireless revenues up 5.7 percent, service revenues up 4.1 percent versus the year-ago quarter
●Wireless data revenues up 19.8 percent versus the year-earlier period
●Wireless operating income margin of 27.1 percent; wireless EBITDA service margin of 42.4 percent reflecting record second-quarter smartphone sales of 6.8 million, including record Android sales
●Added 1.2 million new smartphone subscribers; smartphones 88 percent of postpaid phone sales
●Total postpaid ARPU up 1.8 percent; phone-only ARPU up 3.0 percent

The Carrier also discussed its LTE growth with the ETA of having the majority of its LTE network rollout complete by summer of 2014.

● 551,000 wireless postpaid net adds, best second-quarter postpaid net adds in four years
● 35 percent of postpaid smartphone base LTE capable
● Smartphone data usage per device up 50 percent year over year
● LTE network expected to cover nearly 270 million POPs in 400 markets by year-end
● LTE network build expected to be substantially complete by summer 2014

Read More

Add Comment
Oliver Banham - July 24, 2013 at 4:25am
How are those profits ok - when the consumer suffers from the WORST service in history, continual dropped calls, expensive line rental, and beyond sub par customer service? The UK mobile fines cost the user around $40/month, allow tethering for free, and pay and additional $7/mth for home broadband! We are being extorted in the United States, and we need to open our eyes and exercise our rights people!
Follow iClarified
Apple Releases Critical Security Update for OS X
Apple has released a security update telling ...
T-Mobile CEO Delivers a Holiday Message Mocking AT&T, Verizon, Sprint [Video]
This is Google's First Real Build of Its Self-Driving Vehicle Prototype [Photo]
Microsoft Launches 'Mac to Surface Pro 3' Site for Switchers
Microsoft has created a new mini-site for Mac...
Walt Disney World to Accept Apple Pay Starting December 24th
Walt Disney World will reportedly begin accep...