AT&T today revealed its 4Q 2013 revenues, uncovering the firm added 1.2 million postpaid mobile phones to its network (both upgrades and higher clients) and acquired 809,000 brand-new customers, with 566,000 being postpaid clients with an agreement. It is vague how many of AT&T’s new customers were picking phones, nonetheless, as AT&T, like Verizon, not records quarterly iPhone activations or sales.
Mobile phones composed 93 percent of total phone sales and 77 percent of the postpaid phone base. The provider likewise added 440,000 new tablets during the quarter.
Compared with the year-ago quarter, AT&T gained 300,000 fewer new clients, however viewed a record reduced deal churn price of 1.11 percent and a total churn price of 1.43 percent. A business’s spin price is the percentage of clients that leave the provider throughout the quarter. It shows up that AT&T is handling to keep the majority of its client base at this point, but during the next quarter, T-Mobile’s efforts to entice AT&T customers could become much more noticeable.
AT&T Next, AT&T’s smartphone and tablet upgrade program, has actually pulled greater than 1.5 million clients considering that it was initial introduced in July of 2013.
Earlier in January, AT&T rival Verizon revealed smartphone activations of 8.8 million along with 1.7 million higher clients. Verizon remains to have a larger postpaid consumer base than AT&T at 96.2 million wireless customers compared with AT&T’s 72.6 million.
In general, AT&T announced a revenue of $$ 6.9 billion on $ 33.2 billion in profits.