AT&T reported solid earnings this morning, with income of $3.5 billion on sales of $30.7 billion for the first quarter. Like last quarter, wireless revenue drove growth, but U-Verse data looked pretty good too. As Om wrote yesterday, AT&T affirmed that it’s on track to add 1 million U-Verse subscribers by the end of 2008. At the end of March AT&T counted 379,000 subscribers for the IPTV service with 148,000 net adds in the quarter. Maybe when AT&T files its 10-Q we can see what the U-Verse churn looks like.
AT&T Earnings and U-Verse Update —
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6:07 AM PT
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7:48 AM PT
[...] in the form of U-verse and FiOS, respectively — are slowly beginning to pay off. Last week, AT&T reported that it added 148,000 new U-verse subscribers in the first quarter, taking its total to 379,000. Ma [...]
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