Tag: at&t financials

Q2 2016 – AT&T Earnings Call Summary


Below are my key takeaways from the AT&T Q2 2016 Earnings Call on July 21:


DirecTV integration is going well, adding nearly 1MM subs since the acquisition, +342K in the quarter.  Over 80% of TV subs on satellite platform.  Added 2.1MM wireless subs via connected devices, Mexico and Cricket. Second lowest ever US wireless postpaid churn at 0.97%.  Best ever US wireless EBITDA margins of 41.4%.

Ad sales growing by double digits YTD.  IP Broadband revenues up 15%, total broadband revenues up 7%.

In Mexico, added 780K wireless subs with revenue up 13% sequentially.  In DirecTV Latin America, revenue up 8% sequentially to$1.2B, while adding 87K TV sub.

Acquired Quickplay Media, a video streaming platform that powers OTT and TV Everywhere services.

Continue reading “Q2 2016 – AT&T Earnings Call Summary”