Printed from http://www.electronista.com

AT&T meets own estimates, posts $32.2 billion quarterly revenue

updated 06:45 pm EDT, Wed October 23, 2013

One million customers added in a single quarter

For the quarter ended September 30, AT&T's consolidated revenues totaled $32.2 billion, up 2.2 percent versus the year-earlier quarter. Third-quarter 2013 net income attributable to AT&T totaled $3.8 billion compared to $3.6 billion in the year-earlier quarter. Earnings per share was $0.72 per diluted share versus $0.63 per diluted share in the year-earlier quarter, a 14.3 percent increase.

Third-quarter 2013 cash from operating activities totaled $9.2 billion, and capital expenditures totaled $6 billion. Free cash flow -- cash from operating activities minus capital expenditures -- totaled $3.2 billion. During the third quarter, the company repurchased 55 million shares for $1.9 billion.

In the third quarter, AT&T added nearly one million subscribers, with wireless service revenues increasing 3.7 percent to $15.5 billion. Wireless data revenues increased 17.6 percent from the year-earlier quarter to $5.5 billion. Third-quarter wireless operating expenses totaled $12.9 billion, up 5.7 percent versus the year-ago quarter, and wireless operating income was $4.6 billion, up 3.4 percent year over year.

Postpaid churn was down slightly to 1.07 percent compared to 1.08 percent in the year-ago quarter, and increased from 1.02 percent in the second quarter of 2013. Total churn was 1.31 percent versus 1.34 percent in the year-ago quarter and 1.36 percent in the second quarter of 2013. About 90 percent of postpaid subscribers are on FamilyTalk, Mobile Share or business plans.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Dell AD211 Bluetooth speaker

For all of the high-priced, over-engineered Bluetooth speakers in the electronics market, there is still room for mass-market solution ...

VisionTek 128GB USB Pocket SSD

USB flash drives dealt the death blow to both the floppy and Zip drives. While still faster than either of the old removable media, sp ...

Kodak PixPro SL10 Smart Lens Camera

Smartphone imagery still widely varies. Large Megapixel counts don't make for a good image, and the optics in some devices are lacking ...

Sponsor

toggle

Most Commented

 
toggle

Popular News