AT&T’s fourth-quarter results
For the quarter ended December 31, 2011, AT&T’s consolidated revenues totaled $32.5 billion, up $1.1 billion, or 3.6 percent, versus the year-earlier quarter. Compared with the fourth quarter of 2010, operating expenses were $41.5 billion versus $29.3 billion; operating loss was $9.0 billion, compared to operating income of $2.1 billion; and AT&T’s operating income margin was (27.7) percent, compared to 6.7 percent. Excluding fourth-quarter significant items, operating expenses were $28.1 billion versus $25.8 billion; operating income was $4.4 billion, compared to $5.6 billion; and operating income margin was 13.5 percent, compared to 17.7 percent.
• Consolidated revenues of $32.5 billion, up $1.1 billion, or 3.6 percent, versus the year- earlier period
• Wireless, wireline data and managed services represented 76 percent of total revenues and grew 7.5 percent versus 2010, led in the fourth quarter by:
- 10.0 percent growth in wireless revenues
- 19.4 percent growth in wireless data revenues, up $956 million versus the year-earlier
- 16.4 percent growth in strategic business services revenues
- 43.7 percent growth in consumer U-verse revenues
• 9.4 million smartphone sales, best ever quarter and 50 percent more than previous quarterly record and nearly double 3Q11 sales
• 717,000 wireless postpaid net adds, the largest increase in five quarters; 2.5 million increase in total net wireless subscribers
• Best-ever quarter for Android and Apple smartphones
• 571,000 branded computing device (tablets, aircards, etc.) sales, best ever quarter to reach 5.1 million total subscribers; up almost 70 percent from a year ago
• 12th consecutive quarter with a year-over-year increase in postpaid wireless subscriber
ARPU (average monthly revenues per subscriber), up 1.4 percent to $63.76
• Second consecutive quarter of sequential growth in wireline business revenues
• Sixth consecutive quarter of year-over-year growth in wireline consumer revenues
• 208,000 net gain in AT&T U-verse TV subscribers to reach 3.8 million in service.
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As we go into print, the 2011 Annual Report has become available. Click here to view the report
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