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AT&T Q1 2009 results: U-verse Voice up, landlines down
The financial results AT&T announced yesterday showed an uptick in its U-verse Voice VoIP service. AT&T says U-verse Voice is helping offset consumer landline losses, but a closer look at the raw data indicates that it's not a lot.
During an analyst conference call on Wednesday morning, AT&T CFO Rick Lindner said the company had added 170,000 U-verse Voice customers for a total of more than 390,000 VoIP subscribers. The attached rate for the VoIP service is more than 60 percent with U-Verse Voice deployed in more than 86 percent of U-verse markets.
However, AT&T lost 4.2 million consumer landlines in the first three months of 2009, so if our math is correct, U-Verse Voice only accounted for maybe a 4 percent offset in landline subscribers in the quarter - no miracles here.
For more:
- Multichannel News looks over AT&T's Q1 numbers. Article.
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Comments
Posted by Anonymous | April 23, 2009 - 11:08am
Actually, your math is not correct. The 4.2M landline loss is for the past 12 months. For 1Q09 it was close to 1M. That makes about a 17% offset rate. Better, considering U-verse is only available in part of the AT&T landline areas.
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