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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.

Thursday, April 23, 2015

Falling Wireless Service Revenues Hit AT&T


AT&T reported a 1% year-on-year increase in revenues on a like-for-like basis to almost 33 billion US dollars for the first quarter of 2015. A 2% rise in wireless revenues (driven by a 36% increase in wireless equipment revenues) was offset by a 1% decline in wireline revenues.

AT&T said that wireless service revenues were down almost 4% to 14.8 billion dollars "reflecting continued customer growth of Mobile Share Value plans partially offset by increased revenues from Cricket." AT&T noted that it added 680,000 connected cars in the quarter. source: AT&T statement

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