AT&T released its financials for the first quarter this morning and despite just missing Wall Street’s $31.08 billion revenue projection, the company kicked off 2009 with a very solid quarter. Company-wide revenue came in at $30.57 billion and stand outs were certainly wireless and U-Verse performance. AT&T Mobility added 1.2 million net wireless subscribers in Q1 2009, 875,000 of which were postpaid customers — up 24.1 percent YoY. AT&T also activated 1.6 million iPhones in the quarter. Wireless data revenue climbed 38.6 percent to $3.2 billion and operating income margin grew 26 percent YoY. On the wired side of things AT&T added 284,000 net U-Verse TV subscribers, which almost doubles its Q1 2008 growth and brings total subs to 1.3 million. It also reported a 471,000 net increase in wired and wireless broadband subscribers bringing the total to 16.7 million.
AT&T announces solid first quarter; impressive wireless and TV performance
Updated Dec 19th, 2018 6:18PM EST
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Zach Epstein has been the Executive Editor at BGR for more than 15 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.
His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.
