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