Home » Software News » AT&T NARROWS LOSS, BUMPS UP REVENUE ON SMARTPHONE SALES

AT&T reported a slight enlarge in income as well as a not as big net detriment for a fourth quarter, helped along mostly by smartphone as well as broadband sales.

The telecom hulk upon Thursday reported US$ 32.6 billion in income for a 3 months finished Dec. 31, up 0.2 percent from a same entertain in 2011. AT&T’s net detriment for a entertain was $ 3.9 billion, a 42 percent alleviation from a $ 6.7 billion net detriment a year earlier.

Revenue would have been up 2.8 percent when incompatible past income from a company’s sole promotion unit.

Earlier this month, AT&T reported a jot down entertain for smartphone sales, with 10.2 million of a inclination sold. Its prior jot down of 9.4 million came in a fourth entertain of 2011. AT&T set annals for both iPhone as well as Android smartphone sales, a association said.

AT&T delivered “solid monetary results” during a entertain as well as a full year, Randall Stephenson, AT&T’s authority as well as CEO, pronounced in a discussion call. During 2013, AT&T will aggressively hurl out a Project VIP bid to urge a connected as well as wireless networks as well as retire aged write infrastructure, he said.

AT&T reported a formula during a same week which there were reports of outages in a U-verse broadband service.

Excluding one-time waste amounting to $ 1.10 per share, AT&T reported gain per share for a entertain of $ 0.44, blank researcher expectations of $ 0.46. One-time items, totalling $ 10 billion, enclosed benefits as well as Sandy charge costs.

For a full year, AT&T reported $ 127.4 billion in revenue, up 0.6 percent from 2011. Net income for 2012 was $ 7.3 billion, up 84.2 percent from 2011.

AT&T’s mobile income for a fourth entertain was $ 17.6 billion, up 5.7 percent from a year ago. The association combined 1.1 million mobile business during a quarter, giving it 107 million. Smartphones done up 89 percent of postpaid phone sales during a quarter, a association said.

The association sole 8.6 million iPhones during a quarter, with sixteen percent of those business latest to AT&T.

AT&T’s wireline income was $ 14.9 billion during a fourth quarter, down 0.5 percent from 2011. The company’s U-verse radio use combined 192,000 subscribers, with TV business right away totalling 4.5 million. The association combined 609,000 U-verse broadband customers, reaching 7.7 million, nonetheless sum broadband subscriber growth, together with DSL losses, was flat.

Grant Gross covers record as well as telecom process in a U.S. supervision for The IDG News Service. Follow Grant upon Twitter during GrantGross. Grant’s e-mail residence is grant_gross@idg.com.

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