AT&T announced that it has a record 2.8 Million wireless net adds as well as lots of wireless iPhone and iPad growth in the fourth quarter of 2010. There was substantial growth in data monthly subscribers. The numbers follow:
- 9.9 percent growth in wireless revenues, with a 9.6 percent increase in wireless service revenues.
- Wireless data revenues driven by messaging, Internet access, access to applications and related services increased $1.1 billion, or 27.4 percent from the year-earlier quarter, to $4.9 billion.
- AT&T wireless postpaid subscribers on monthly data plans increased by 20.4 percent over the past year.
- Best-ever wireless net adds, with a more than 2.8 million increase
in total wireless subscribers to reach 95.5 million subscribers in
service; full-year wireless net adds totaled 8.9 million, the company's
best-ever annual total. - Continued expansion in new wireless growth areas; connected
devices up a record 1.5 million; iPad- and Android-based tablets up
442,000.
AT&T added 4.1 million iPhone activations. More than 80 percent
of postpaid sales were integrated devices. (Integrated devices are
handsets with QWERTY or virtual keyboards in addition to voice
functionality and are a key driver of wireless data usage.)
It will be interesting to see the net adds after the iPhone arrives at Verizon. CEO Randall Steven noted that AT&T offers Windows Phones and said, "We have not been aggressive in Android, but we are bringing it into the mix aggressively this year. You can expect us to be a heavy participant in the Android market this year."