AT&T is very happy
Well a lot of posts here in the past questioned AT&T's strategy, but here are the numbers for the end of 2007.
The largest U.S. wireless operator reported strong subscriber and revenue growth in fourth quarter 2007. Wireless revenues totaled $11.4 billion, up 16.3 percent over the year-ago quarter. Service revenues were $10.2 billion.
Growth: AT&T added 2.7 million net wireless subscribers (a US record), up 13.5 percent from fourth quarter 2006. In addition, gross adds totaled 6 million, up 9.6 percent from the year-earlier fourth quarter. At year-end AT&T's total wireless subscriber base was 70.1 million.
ARPU: ARPU was up 2 percent to $50.28. AT&T said this was the sixth consecutive quarter that it has reported ARPU growth.
Data: Data revenues increased 57.5 percent over the year-ago quarter. The total data revenue is now $2 billion, up from $1.3 billion a year ago. Data now accounts for $12 of postpaid ARPU and it makes up 19.9 percent of AT&T's total wireless service revenue. During the quarter, AT&T customers sent 496 million MMS and 32 billion text messages.
iPhone: At year-end AT&T had 2 million iPhone customers on its network and 40 percent of those customers were new to AT&T. In December, the company doubled its iPhone sales as compared to sales in October and November.