Expert
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1.3K Messages
U-verse Now Has 5.7 Million TV Customers - 1st Qtr 2014
From the article in the link found below:
Strong U-verse Gains Drive Broadband Growth. Total U-verse subscribers (TV and high speed Internet) reached 11.3 million in the first quarter. U-verse TV added 201,000 subscribers in the first quarter to reach 5.7 million in service. AT&T has more pay TV subscribers than any other telecommunications company. U-verse high speed Internet had a first-quarter net gain of 634,000 subscribers, to reach a total of 11.0 million. That marks seven consecutive quarters with U-verse broadband net adds of more than 600,000. Overall, total wireline broadband subscribers increased by 78,000. Total wireline broadband ARPU was up 9 percent year over year. Total U-verse high speed Internet subscribers now represent more than two-thirds of all wireline broadband subscribers, compared with 51 percent in the year-earlier quarter.
About 60 percent of U-verse broadband subscribers have a plan delivering speeds of 12 Mbps or higher. In the first quarter, 90 percent of new U-verse TV customers also signed up for U-verse high speed Internet. About two-thirds of AT&T U-verse TV subscribers take three or four services from AT&T. ARPU for U-verse triple-play customers continues to be more than $170. At the end of the quarter, U-verse TV penetration was more than 21 percent. U-verse broadband penetration was near 20 percent at the end of the first quarter.
http://about.att.com/story/att_first_quarter_earnings_2014.html
Kong57
Guru
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129 Messages
11 years ago
the sad part is their stock prices fell yesterday by over a buck
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americangame
Professor
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265 Messages
11 years ago
I've come to learn that ANY news will cause stock prices to fall. Superbowl commercials cause Budweiser's stock to fall, iPhone announcements cause Apple's stock to fall, E3 causes Nintendo/Sony/Microsoft's stock to fall.
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JefferMC
ACE - Expert
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36.9K Messages
11 years ago
I didn't understand that. EPS was above estimates. It looked like all the news was good news, but the stock fell anyway?
*I am not a DIRECTV employee, and the views and opinions expressed on this forum are purely my own. Any product claim, statistic, quote, or other representation about a product or service should be verified with the manufacturer, provider, or party.
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Kong57
Guru
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129 Messages
11 years ago
They have to make a certain amount of money per 1/4 for the share holders. Growing means nothing if you dont make money. That is what happened ...
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JefferMC
ACE - Expert
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36.9K Messages
11 years ago
Making the predicted amount of EPS per quarter is the accepted measure of did you make "enough." They exceeded the predicted EPS. They had revenue growth. They had net revenue growth.
*I am not a DIRECTV employee, and the views and opinions expressed on this forum are purely my own. Any product claim, statistic, quote, or other representation about a product or service should be verified with the manufacturer, provider, or party.
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skeeterintexas
ACE - Expert
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28.3K Messages
11 years ago
As DD#2 (licensed financial advisor) will tell anyone, don't worry about what a stock does in ONE day. It makes her crazy when clients will call after seeing their stock prices fall slightly in one day, screaming "SELL...SELL...SELL!!!!"
ATT's 52 week hi/low is $31.74 and $37.97 closing at $34.50 down slightly more than 1%.
Don't mess with old people. The older we get, the less "Life in Prison" is a deterrent.
*I am not a DIRECTV employee, and the views and opinions expressed on this forum are purely my own. Any product claim, statistic, quote, or other representation about a product or service should be verified with the manufacturer, provider, or party.
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dhascall
ACE - Master
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1.4K Messages
11 years ago
As U-Verse edges near 6 million TV subscribers, that should give AT&T more clout, in channel negotiations.
*I am not a DIRECTV employee, and the views and opinions expressed on this forum are purely my own. Any product claim, statistic, quote, or other representation about a product or service should be verified with the manufacturer, provider, or party.
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JefferMC
ACE - Expert
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36.9K Messages
11 years ago
21% is a very high level of penetration for an "over builder." Especially with the maturity of the satellite offerings bringing them into near parity with the wire-line cable operators.
*I am not a DIRECTV employee, and the views and opinions expressed on this forum are purely my own. Any product claim, statistic, quote, or other representation about a product or service should be verified with the manufacturer, provider, or party.
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dhascall
ACE - Master
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1.4K Messages
11 years ago
hey mt!
What is Project VIP? can you 'splain it to me?
*I am not a DIRECTV employee, and the views and opinions expressed on this forum are purely my own. Any product claim, statistic, quote, or other representation about a product or service should be verified with the manufacturer, provider, or party.
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aviewer
Expert
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3.2K Messages
11 years ago
See pdf page 5 printed page #3
Broad catch all to deploy more broadband
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Kong57
Guru
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129 Messages
11 years ago
I found this too http://www.att.com/esupport/article.jsp?sid=KB423417&cv=803&_requestid=1027004#fbid=FE4_126Rlyl
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Kong57
Guru
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129 Messages
11 years ago
It started with a major multi-year
initiative, called Project VIP, to deploy
high-speed connectivity on a massive
scale. When we launched this effort, we
committed to bring the most advanced
wireless service to 300 million people
across the United States.
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dhascall
ACE - Master
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1.4K Messages
11 years ago
Thanks for the info, everyone.
*I am not a DIRECTV employee, and the views and opinions expressed on this forum are purely my own. Any product claim, statistic, quote, or other representation about a product or service should be verified with the manufacturer, provider, or party.
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flutist1963
Former Employee
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26 Messages
11 years ago
I wonder if this goes thru and the customer is in a Non-AT&T area, such as PA, what they will do for internet and phone servies? DirecTV covers all of the US, but AT&T only covers 22 states.
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JefferMC
ACE - Expert
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36.9K Messages
11 years ago
I don't think you'd see any significant changes in the way the two business lines are operated in regards to service areas or much of anything else.
As contracts for content come up for renewal, I think you'd then see a change in the way these negotiations are handled (i.e. with the combined subscriber count in mind).
*I am not a DIRECTV employee, and the views and opinions expressed on this forum are purely my own. Any product claim, statistic, quote, or other representation about a product or service should be verified with the manufacturer, provider, or party.
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