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AT&T Q1 2013 results show revenues of $16.7 billion, income of $4.7 billion

AT&T enjoys a strong Q1 2013 with revenues of $16.7 billion

Anthony Garreffa | Apr 24, 2013 at 02:33 am CDT (0 mins, 42 secs reading time)

US carrier AT&T have released their earnings for Q1 2013, which includes both their wireless and wireline businesses. Revenues were strong, with a total of $16.7 billion taken in for the three-month period, up 3.4% year-over-year.

AT&T Q1 2013 results show revenues of $16.7 billion, income of $4.7 billion | TweakTown.com

$4.7 billion of operating income was recorded, a number that is up 4.1% year-over-year. AT&T took in an additional 296,000 postpaid net customers, with postpaid churn improved by 1.04%. 1.2 new million smartphone subscribers were added in the three-month period, with postpaid data ARPU up 18%.

Currently, AT&T cover 200 million POPs with their LTE network, which is running ahead of schedule. Before the end of the year, AT&T plan to reach 90% of their goal, which is to have 300 million POPs covered - a 50% increase. AT&T have also said that 60% of their customers have a 4G (which is HSPA+ or better) device, with over half of those being LTE-capable.

Last updated: Nov 30, -0001 at 12:00 am CST

Anthony Garreffa

ABOUT THE AUTHOR - Anthony Garreffa

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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