AT&T reported losing 22,000 U-verse video customers during the second quarter, a reversal of the 190,000 customer additions the carrier reported during the same quarter a year ago. Conversely, AT&T's rival Verizon reported it added 26,000 net FiOS video subscribers during the period.
AT&T has announced a major expansion of its U-verse TV Everywhere app, adding 41 live programming networks and extending its compatibility to Samsung Gear S wearables.
AT&T has announced a deal with the Walt Disney Company to launch the media conglomerate's Disney Story Central platform on the U-verse pay-TV service.
AT&T is giving more of its wireline customers the option to get its 75 Mbps U-verse broadband service tier, announcing that it has expanded the service in seven new markets. The service provider will begin offering the speed tier in Augusta, Ga.; Charleston, S.C.; Cleveland and Columbus, Ohio; Fort Lauderdale and Miami, Fla., and St. Louis, Mo. FierceTelecom has a complete look here.
AT&T reported the addition of 73,000 U-verse TV subscribers in the fourth quarter, a significant decline from the 194,000 added in the same period of 2013. In its full year and Q4 earnings call with investors Tuesday, the conglomerate attributed the decline to a "strategic move to improve profitability" by concentrating on subscribers with lower churn rates.
The FCC has asked the AT&T (NYSE: T) for more information about its fiber plans, two days after Chairman and CEO Randall Stephenson said his company would delay rollout of FTTP services amid what appears to be a regulatory climate favoring strong net neutrality. FierceTelecom has a complete report on this latest development.
AT&T reported $33 billion in consolidated revenue for the third quarter, up 2.5 percent year-to-year but missing investor forecasts by about $240 million. U-verse TV subscribers spiked at 216,000 in Q2, and U-verse high-speed Internet customers increased by 601,000.
Driven by the growth of its U-verse platform and subscriber gains in its wireless postpaid business, AT&T reported a 1.6 percent increase in second quarter consolidated revenue to $32.6 billion, and an 8 percent drop in operating income to $5.6 billion on a 4 percent uptick in operating expenses.
AT&T told the federal government Tuesday that its proposed acquisition of DirecTV will give it the leverage it needs to cut spiraling program costs by 20 percent.
Being bundled with broadband high-speed data will boost AT&T U-verse television going into the second quarter of the fiscal year, the carrier predicted in an update on its Project VIP network investment. The bundle, in fact, "reinforces the strategic rationale of AT&T's proposed acquisition of DirecTV," the company said.