AT&T Adds 73,000 U-verse TV Subscribers27 Jan, 2015 By: Erik Gruenwedel
AT&T Jan. 27 said it added 73,000 net U-verse TV subscribers in the fourth quarter (ended Dec. 31) to end the period with nearly 6 million subs.
The telecom operator said more than 97% of its video customers subscribe to bundled services, with two-thirds of U-verse TV subscribers taking three or four services. Average revenue per user for U-verse triple-play customers continues to be more than $170. At the end of the quarter, U-verse TV penetration was about 22% and U-verse broadband penetration was about 21%.
Indeed, U-verse broadband had more than 12 million subscribers at the end of the fourth quarter. It added 405,000 net broadband subs in the quarter.
AT&T, along with Comcast, Time Warner Cable and Verizon Communications, is one of the nation’s largest Internet service providers.
Last May, AT&T announced it had entered into an agreement to acquire DirecTV, the nation’s largest satellite TV operator for $48.5 billion. The merger must still pass regulatory muster.