Monday, February 2, 2015
AT&T Promises More Growth Ahead
AT&T said revenues rose 5% year-on-year in the fourth quarter to 34.4 billion US dollars, driven by a 8% uplift in wireless revenues. Although wireless service revenues actually fell 4%, as AT&T's Mobile Share Value plan proved popular, AT&T said equipment revenues leapt 72% "as more customers chose equipment installment plans versus subsidized devices."
AT&T said it continues to "reposition the customer experience with attractive Mobile Share Value pricing for customers who choose to transition from the traditional device subsidy model."
For 2015, AT&T forecast continued revenue growth, on a standalone basis, excluding its Mexico and DIRECTV acquisitions. AT&T expects capital expenditures to be about 18 billion dollars in 2015, down from 21.4 billion dollars in 2014. source: AT&T statement
Labels: More U.S. telecoms
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