Place: NYSE CODE
12US0019571092 - ATTP940
Indice: DJIA
AT&T is among the
premier voice, video and data communications companies in the world, serving
businesses, consumers, and government. The company runs the largest,
most sophisticated communications network in the U.S., backed by the research
and development capabilities of AT&T Labs
Acteur
majeur du secteur des télécommunications : exploitation de
réseaux de télécommunications mais aussi fabrication
d'équipements et de composants électriques et électroniques.
Le groupe est aussi un prestataire de services informatiques.
http://www.att.com
AT&T
Delivers Solid Second-Quarter Results Highlighted by Strong Wireless Growth,
Double-Digit Increase in IP Data Revenues, Further Ramp in AT&T U-verse
TV Subscribers
Dallas,
Texas, July 23, 2008
$0.63
reported earnings per diluted share, up 34.0 percent versus $0.47 in the
year-earlier second quarter
$0.76
adjusted earnings per diluted share, up 8.6 percent from $0.70 in the second
quarter of 2007
Consolidated
operating income margin expansion to 21.3 percent reported from 16.8 percent
in the year-earlier quarter and 25.1 percent adjusted versus 23.9 percent
15.8
percent increase in wireless revenues with wireless data revenues from
areas such as Internet access, messaging and e-mail up a robust 52.0 percent
More
than 1.3 million net gain in wireless subscribers to reach 72.9 million
in service; postpaid subscriber churn down to 1.1 percent, lowest level
in company's history
16.1
percent growth in wireline IP data revenues driven by strong increases
in consumer video and broadband revenues and in business services such
as virtual private networks (VPNs), managed Internet services and hosting
Significant
turnaround in wholesale customer revenues, second consecutive quarter of
sequential growth reflecting solid demand from wireless carriers, Internet
service providers and other customers
Further
ramp in AT&T U-verseSM TV subscribers, with a net subscriber gain of
170,000 to reach 549,000 in service; on trajectory to exceed 1 million
subscribers in service by the end of this year
AT&T
Ramps Revenue Growth, Delivers Strong First-Quarter Results
Growth
Highlighted by Gains in Wireless, Broadband and Enterprise Services
San
Antonio, Texas, April 22, 2008
$0.57
reported earnings per diluted share, up 26.7 percent versus $0.45 in the
year-earlier first quarter
$0.74
adjusted earnings per diluted share, up 13.8 percent from $0.65 in the
first quarter of 2007
$30.7
billion in consolidated revenues, up 6.1 percent versus reported results
for the year-earlier first quarter and up 4.6 percent versus first-quarter
2007 revenues adjusted for directory accounting impacts
18.3
percent increase in wireless revenues; wireless data revenues from areas
such as Internet access, messaging and media bundles up 57.3 percent
41.7
percent wireless OIBDA service margin, up from an adjusted 38.9 percent
in the year-earlier first quarter
13.2
percent growth in broadband revenues; 491,000 net gain in broadband connections
in the quarter to reach 14.6 million in service
Further
step up in enterprise customer growth, with total enterprise revenues up
1.2 percent and enterprise service revenues up 2.1 percent, led by a 22.9
percent increase in revenues from Internet Protocol (IP)-based data services
Continued
ramp in AT&T U-verseSM TV subscriber totals, with a first-quarter net
gain of 148,000 to reach 379,000 in service; on track to reach target of
more than 1 million subscribers by year-end 2008
Note:
AT&T's first-quarter earnings conference call will be broadcast live
via the Internet at 10 a.m. ET on Tuesday, April 22, 2008, at www.att.com/investor.relations.
AT&T
Inc. (NYSE:T) today reported strong first-quarter results, highlighted
by a significant ramp in consolidated revenue growth, led by improved results
in wireless and enterprise, and further expansion of wireless and consolidated
margins. This marked AT&T's 12th consecutive quarter of double-digit
growth in adjusted earnings per share.
"We
delivered an excellent first quarter and a solid start to the year," said
Randall Stephenson, AT&T chairman and chief executive officer. "Revenue
growth continues to ramp, we have good momentum across key growth areas,
major cost initiatives are on track, and our operational results reinforce
the confidence we have in our outlook.
"AT&T's
goal is to innovate and lead in a communications world driven by mobility
and interactivity," Stephenson said. "To that end, as we deliver strong
earnings and return substantial value to shareowners, we are also taking
important steps to expand our networks and product sets to drive continued
growth in wireless, broadband and IP-based services.
"AT&T
is moving quickly to create the next generation of wireless," Stephenson
said. "The future of wireless has never been more promising, and I am very
pleased that through our transaction with Aloha Partners and our successful
bids in the recently completed auction, we have assembled the industry's
premier, high-quality wireless spectrum position. This spectrum will provide
a terrific foundation for new wireless and integrated services, and it
significantly advances AT&T's long-term growth potential."
Reported
Results: Ramp in Revenue Growth, Net Income Growth
For
the quarter ended March 31, 2008, AT&T's revenues totaled $30.7 billion,
up 6.1 percent versus reported results in the year-earlier quarter and
up 4.6 percent compared with first-quarter 2007 pro forma revenues, which
exclude merger-related accounting impacts on directory revenues. This marks
a substantial step up from year-over-year pro forma revenue growth of 2.9
percent in the fourth quarter of 2007 and 1.7 percent in the first quarter
of 2007.
Compared
with results for the year-earlier first quarter, AT&T's reported operating
expenses for the first quarter of 2008 were $24.8 billion, up from $24.3
billion; reported operating income was $6.0 billion, up from $4.7 billion;
and AT&T's reported operating income margin was 19.5 percent, up from
16.1 percent.
AT&T's
reported first-quarter 2008 net income totaled $3.5 billion, up 21.5 percent
from $2.8 billion in the year-earlier first quarter, and reported earnings
per diluted share totaled $0.57, up 26.7 percent from $0.45 in the first
quarter of 2007.
Double-Digit
Growth in Adjusted EPS
AT&T's
adjusted results for the first quarter of 2008 exclude merger-related amortization
expenses and costs associated with a workforce reduction. Adjusted results
for the first quarter of 2007 excluded merger-related costs and accounting
effects as well as gains from wireless transactions.
Compared
with results for the year-earlier first quarter, AT&T's adjusted operating
expenses for the first quarter of 2008 totaled $23.2 billion, versus $22.4
billion; adjusted operating income was $7.6 billion, up from $7.0 billion;
and AT&T's adjusted operating income margin was 24.6 percent, up from
23.7 percent.
AT&T's
adjusted first-quarter 2008 net income totaled $4.5 billion, up 10.3 percent
from $4.1 billion in the year-earlier first quarter, and adjusted earnings
per diluted share totaled $0.74, up 13.8 percent from $0.65 in the first
quarter of 2007.
AT&T's
merger integration and operational cost initiatives continue on schedule.
For the full year 2007, operating expense savings from BellSouth and AT&T
Corp. merger integration efforts and previously outlined operational initiatives
totaled approximately $3.9 billion. AT&T expects these expense savings
to grow in 2008 by more than $2 billion dollars.
Cash
From Operations, Share Repurchases
Compared
with results in the year-earlier first quarter, AT&T's cash from operating
activities for the first quarter of 2008 totaled $5.0 billion, up from
$4.6 billion; capital expenditures totaled $4.2 billion, versus $3.3 billion;
and free cash flow (cash from operations minus capital expenditures) totaled
$0.7 billion, compared with $1.3 billion.
As
it invests in the future of its business, AT&T continues to return
substantial value to shareowners through dividends and share repurchases.
In the first quarter, dividends paid totaled $2.4 billion and shares repurchased
totaled 111.6 million for $4.1 billion. AT&T ended the quarter with
5.9 billion shares
AT&T
Acquires Key Spectrum To Set Foundation For Future Of Wireless Broadband,
More Choices For Customers
Company
Acquires High-Quality B-Block Spectrum in FCC Auction to Bolster Spectrum
Position
Auction
Strategy Complements Recent Aloha Partners Acquisition to Give AT&T
the Ability to Deliver Next-Generation Wireless Services
San
Antonio, Texas, April 3, 2008
Whether
it's speed, quality, reliability, choices or availability, wireless customers
always want more. With the results of the FCC auction, AT&T continues
to ensure that the company remains ready to meet that call.
AT&T
Inc. (NYSE:T) completed successful bids for prime B Block spectrum in the
FCC auction. Combined with the Aloha Partners transaction, which closed
earlier this year, AT&T has supplemented its holding of high-quality
spectrum and continues to have a leading spectrum position in the industry.
AT&T's
spectrum holdings position the company to further enhance the quality and
reliability of existing wireless broadband and voice services that consumers
are demanding, and set the foundation for more customer choices for new,
more advanced wireless broadband technologies and services.
AT&T
Wins $1.6 Billion Global Deal with Shell
Agreement
Represents AT&T's Largest Contract Win to Date with Company Headquartered
outside the US
AT&T
to connect thousands of locations and manage Shell's mobility needs, delivering
services/applications to 150,000 Shell employees worldwide
San
Antonio, Texas, March 31, 2008
The
Hague, Netherlands — AT&T Inc. (NYSE:T) announced today that Royal
Dutch Shell (Shell) has selected AT&T to be its global provider of
advanced communications services. The five year agreement, estimated to
be worth $1.6 billion, calls for AT&T to provide, manage and maintain
Shell's worldwide communications infrastructure while also managing the
company's global mobility needs. It is one of the largest commercial contracts
ever signed by AT&T, and it's the largest agreement signed with a company
that is headquartered in Europe. The agreement is one of three outsourcing
contracts signed by Shell with key suppliers for networking and IT services.
This
agreement with Shell follows a series of other large and strategic wins
AT&T has secured in the past year, including deals with Starbucks,
General Motors, the U.S. Department of the Treasury, and IBM. All of these
wins underscore AT&T's position as the leading global telecommunications
service provider within the industry. The agreements with GM and the Department
of the Treasury are each worth up to $1 billion; the IBM agreement is worth
up to $5 billion.
AT&T
Delivers Strong Fourth Quarter, Reaffirms 2008 and Multi-Year Outlook
Results
Highlighted by Record Wireless Gains, Significant Step Up in Enterprise
Services Growth
San
Antonio, Texas, January 24, 2008
* $0.51 reported earnings per diluted share compared with $0.50 in the
year-earlier fourth quarter
* $0.71 adjusted earnings per diluted share, up 16.4 percent from $0.61
in the fourth quarter of 2006
* 2.7 million net gain in wireless subscribers, best-ever quarterly increase
by any U.S. wireless company; 70.1 million wireless subscribers at year's
end
* 16.3 percent increase in total wireless revenues with wireless data revenues
up a robust 57.5 percent
* Further ramp in enterprise customer trends with recurring service revenues
up 1.8 percent, driven by a 20.9 percent increase in revenues from IP-based
data services such as virtual private networking, hosting and managed Internet
services
* Stable regional revenue trends with double-digit broadband growth and
a further ramp in AT&T U-verseSM TV subscribers: 231,000 in service
at year's end, up from 126,000 three months earlier
Note:
AT&T's fourth-quarter earnings conference call will be broadcast live
via the Internet at 10 a.m. EST on Thursday, Jan. 24, 2008 at www.att.com/investor.relations.
AT&T
Inc. (NYSE:T) today reported strong fourth-quarter results and reaffirmed
its positive outlook for 2008 and beyond. This marked AT&T's 11th consecutive
quarter and third straight year of double-digit growth in adjusted earnings
per share.
Fourth-quarter
results were highlighted by record wireless gains, a significant step up
in recurring enterprise services growth, continued double-digit growth
in broadband revenues, and accelerated expansion of the company's advanced
TV service.
Solid
trends in these areas and progress in productivity initiatives reinforce
AT&T's expectation for continued strong results as outlined at its
December 2007 analyst conference. AT&T's 2008 outlook includes mid-teens
percentage growth in wireless service revenues, mid-single-digit percentage
growth in consolidated revenues and continued double-digit growth in adjusted
earnings per share.
“We
had an excellent fourth quarter, which affirms our outlook for 2008,” said
Randall Stephenson, AT&T chairman, chief executive officer and president.
“Our
wireless business delivered outstanding results, with the largest quarterly
subscriber gain ever posted by a U.S. provider,” Stephenson said. “Enterprise
service revenue growth continues to improve. Broadband subscribers and
revenues continue to grow at a solid double-digit pace. The ramp in our
AT&T U-verse TV service accelerated, and we are on track to reach more
than 1 million subscribers by the end of 2008.
“These
growth trends, combined with the significant opportunities we have for
continuous cost improvements, reinforce the positive outlook we have for
our business,” Stephenson said. “AT&T has a terrific set of assets
and an impressive record in terms of executing and delivering on targets,
and I am very confident in our ability to drive strong results in 2008.”
Revenue
Growth
For
the quarter ended Dec. 31, 2007, AT&T's reported fourth-quarter revenues
totaled $30.3 billion, up from $15.9 billion in the year-earlier quarter.
AT&T's 2007 reported results reflect the Dec. 29, 2006 acquisition
of BellSouth Corporation and the accompanying consolidation of wireless
results.
As
a further basis for comparison, AT&T also provides pro forma results,
which combine revenues from AT&T, BellSouth and Cingular Wireless consistently
in all periods. On this basis, AT&T's fourth-quarter 2007 revenues
totaled $30.4 billion, up 2.9 percent versus results for the year-earlier
quarter. Excluding revenues from enterprise CPE (customer premises equipment)
sales, which AT&T began de-emphasizing after the fourth quarter of
2006, consolidated pro forma revenue growth was 3.5 percent.
AT&T's
fourth-quarter revenue growth was driven by a solid mid-teens increase
in wireless revenues, improved growth in recurring enterprise services,
continued growth in regional business and stable regional consumer revenues.
Growth across these areas more than offset anticipated declines in revenues
from wholesale and national mass market customers.
Reported
Earnings
AT&T's
reported net income for the fourth quarter totaled $3.1 billion, or $0.51
per diluted share, compared with $1.9 billion, or $0.50 per diluted share,
in the year-earlier quarter.
Compared
with results in the fourth quarter of 2006, reported operating expenses
were $24.9 billion, up from $13.3 billion; reported operating income was
$5.5 billion, up from $2.6 billion; and AT&T's reported operating income
margin was 18.1 percent versus 16.2 percent.
Double-Digit
Growth in Adjusted Earnings Per Share
AT&T's
adjusted earnings, which exclude costs and accounting effects associated
with acquisitions, totaled $4.3 billion, up from $2.4 billion in the year-earlier
fourth quarter. Adjusted earnings per diluted share increased 16.4 percent
to $0.71, up from $0.61 in the year-earlier quarter.
AT&T's
adjusted operating income for the fourth quarter of 2007 was $7.3 billion,
versus $2.9 billion in the year-earlier quarter. AT&T's adjusted operating
income margin was 24.0 percent, up from 18.2 percent in the fourth quarter
of 2006.
AT&T's
merger integration initiatives continue on schedule, and merger synergies
continue to run ahead of the company's original outlook. For the full year
2007, cost savings from BellSouth and AT&T Corp. merger integration
initiatives totaled approximately $4.0 billion, approximately 75 percent
expense and 25 percent capital. |