One day after Verizon spilled its Q1 2015 results, AT&T has done the same.
AT&T says that it added a total of 1.218 million connections in the first quarter of 2015. That number includes 441,000 postpaid adds, 98,000 prepaid adds, and 945,000 connected device adds (includes 684,000 connected cars). However, AT&T notes that it lost 266,000 reseller subs in the quarter. In all, AT&T says that it finished Q1 2015 with 121.8 million wireless subscribers.
AT&T also touted its 1.02 percent postpaid churn for the quarter, which the big blue operator says is a best-ever figure for Q1.
On the device side of things, AT&T had 6.2 million postpaid smartphone adds and upgrades in Q1 2015. Sixty-five percent of those were AT&T Next transactions, while 313,000 were bring-your-own-device adds. AT&T also notes that Mobile Share Value plans now make up more than 70 percent of its postpaid subscriber base and that about half of those accounts have 10GB or larger data buckets. Around 87 percent of postpaid smartphone users are on some kind of usage-based data plan.
Finally, AT&T reports that its total wireless revenues for Q1 2015 were $18.2 billion. That’s up 1.8 percent year-over-year.
Overall it seems like AT&T had itself a nice little start to 2015. Connected cars gave its total subscriber adds a boost, its postpaid churn is good for Q1, and I’m sure AT&T is pleased to see an increasing amount of customers jump on board with AT&T Next and usage-based data plans like Mobile Share Value. For AT&T’s full Q1 2015 results announcement, hit up the link below.