SBC Adds 528,000 Mostly Budget DSL Users

SBC’s profit down 41%, but the company adds 528,000 DSL subscribers, and now has 6.5 million DSL lines in service. Growth is coming from their cut rate plans … clearly Proof? DSL/Internet revenues up 22.8% versus the third quarter of 2004, but up mere 6.0% versus the second quarter 2005. DSL revenues in 2Q 2005 were $670 million and in the 3Q touched $710 million. On a per-subscriber-per-month basis that is a decline of about $1 from $37.40 to $36.40 a month. This near term decline in the revenues might be the only way to beat cable guys and have some glimmer of hope for the “Telco TV” plans.


Comments have been disabled for this post