Driven by mobile data, AT&T revenue up 1.8% in Q1 2012

Telecom Lead America: AT&T has posted revenues of
$31.8 billion for the quarter ended 31, March 2012, up 1.8 percent,
against the year-earlier period. Wireless data revenues increased by 19.9

AT&T spent $4.26 billion toward telecom
infrastructure Capex in Q1 2012 against $4.13 billion for the same period of
2011 with 3.1 percent change.

Compared with results for the first quarter of 2011,
operating expenses were $25.7 billion against $25.4 billion;
operating income was $6.1 billion, up from $5.8 billion; and
operating income margin was 19.2 percent, compared to 18.6 percent.

AT&T’s wireless service revenues increased
4.3 percent, to $14.6 billion, in the first quarter. Wireless data
revenues increased by more than $1 billion, or 19.9 percent, from the
year-earlier quarter to $6.1 billion. The data revenues were driven by
Internet access, access to applications, messaging and related services.

The carrier’s total wireless revenues, which include
equipment sales, were up 5.4 percent year over year to
$16.1 billion.

First-quarter wireless operating expenses totaled
$11.7 billion, up 3.4 percent against the year-earlier quarter, and
wireless operating income was $4.4 billion, up 11.3 percent year over

For the wireless segment, AT&T posted a net increase in total wireless
subscribers of 726,000 in the first quarter to reach 103.9 million in
service. Subscriber additions for the quarter include postpaid net additions of
187,000. Prepaid net additions were 125,000, connected device net additions
were 230,000 and reseller net additions were 184,000.

For this quarter, AT&T posted smartphone sales of
5.5 million, exceeding the previous first-quarter record, with about
30 percent of all postpaid smartphone subscribers on 4G-capable devices.
At the end of the quarter, 59.3 percent, or 41.2 million, of
AT&T’s postpaid subscribers had smartphones, up from 46.2 percent and
31.5 million a year earlier.

For its wireline business, the company posted revenue of
$14.9 billion that includes $7.7 billion from its data services, $5.8
billion from its voice services. The company earned $744 million from its
advertising solution business.

AT&T’s wireline operating income totaled
$1.8 billion, 2.4 percent higher than the first quarter of 2011 and
down 1.2 percent versus the fourth quarter of 2011. First-quarter wireline
operating income margin was 12.2 percent, compared to 11.8 percent in
the year-earlier quarter.

For its wireline segment, total business revenues were
$9.2 billion, down 0.8 percent versus the year-earlier quarter.

 AT&T to pick up 47% stake in YP Holdings and get $750
million in cash by selling advt business

AT&T is set to receive 47 percent equity stake in YP
Holdings that will have 200 The Real Yellow Pages print directory titles
reaching about 150 million homes and businesses in 22 states.

[email protected]