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AT&T Releases Second Quarter Results
Posted: 23-Jul-2009 [Source: AT&T]

[AT&T reports more than 2.4 million iPhone activations during the second quarter.]

Dallas, TX -- * $0.54 diluted EPS compared with $0.63 for the year-earlier second quarter and $0.53 in the first quarter of 2009; incremental noncash pension/retiree benefit costs reduced second-quarter 2009 EPS by $0.05, consistent with first-quarter results

* 1.4 million net gain in total wireless subscribers to reach 79.6 million, up 6.7 million over the past year

* 1.2 million retail postpaid wireless net adds, the company’s best-ever second-quarter total — up 29.0 percent from results in the year-earlier quarter and up 31.8 percent versus the first quarter of 2009; record low postpaid subscriber churn at 1.09 percent

* More than 2.4 million iPhone activations in the second quarter, reflecting a record-setting iPhone 3GS launch; including iPhone, more than 3.5 million increase in 3G integrated devices in service (handsets with QWERTY or virtual keyboards in addition to voice functionality)

* 37.2 percent increase in wireless data revenues to $3.4 billion, more than double the total for the second quarter two years earlier; growth driven by messaging, Internet access, access to applications and related services * Sixth consecutive quarter with a year-over-year increase in wireless postpaid subscriber ARPU (average monthly revenues per subscriber), up 2.3 percent to $60.21

* Continued strong growth in AT&T U-verseSM TV subscribers, with a net increase of 248,000, to reach 1.6 million in service; more than three-fourths of AT&T U-verse TV subscribers have a triple- or quad-play option from AT&T (adding broadband, wireline voice and wireless)

* 17.0 percent growth in wireline IP data revenues driven by rapid expansion in AT&T U-verse services and growth in business products such as Virtual Private Networks (VPNs) and managed Internet services

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