About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, January 28, 2011

Growth at AT&T Lags Verizon

AT&T, one of the U.S.'s largest telecoms companies, said its revenues grew 2.1% year-on-year in the fourth quarter of 2010 to 31.4 billion US dollars, fuelled by a 9.9% increase in wireless revenues.  Wireless data revenues climbed 27.4%.

AT&T said it added nearly 2 million "emerging devices" (eReaders, netbooks, tablets, digital photo frames, personal navigation devices, telematics, home security monitoring, smart grid devices etc.) to its network in the fourth quarter, bringing the total to almost 11 million.

For the full year 2010,  AT&T said its consolidated revenues totaled 124.3 billion dollars versus 122.5 billion in 2009, while capital expenditures, including capitalized interest, totaled 20.3 billion dollars versus 17.3 billion dollars in 2009, including a more than 50%  increase in wireless-related capital investment. In 2011, AT&T expects consolidated revenue growth. source: AT&T statement

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