AT&T beats year-end targets for HBO subs, fibre coverage; adds 880K phone subs in Q4

News General United States 5 JAN 2022
AT&T beats year-end targets for HBO subs, fibre coverage; adds 880K phone subs in Q4

AT&T added 1.3 million new postpaid mobile connections in the fourth quarter of 2021, including 880,000 phone customers, similar to its performance in Q4 2020. The company announced the figures ahead of an investors conference. With 3.2 million postpaid phone net adds in the full year 2021, AT&T said it delivered its best performance in over 10 years. 

CFO Pascal Desroches will discuss the figures at Citi’s AppsEconomy Conference on 05 January. AT&T said in a statement before the event that the the operator "continues to benefit from strong network performance and its disciplined and consistent go-to-market strategy".

In the fixed market, AT&T added 270,000 fibre subscribers for the quarter, taking it to a total of around 1 million net adds for the full year. This is the fourth consecutive year in which the company has added 1 million or more fibre subscribers, AT&T noted.

Fibre roll-out faced some delays earlier in the year, due to supply chain issues related to the coronavirus epidemic. Nevertheless, AT&T added 2.6 million new premises passed with fibre, slightly better than its target of 2.5 million.   

The company said it also exceeded its target for HBO and HBO Max subscribers. It reached 73.8 million subscribers worldwide at year-end, compared to earlier guidance to reach the high end of its targeted range of 70-73 million subscribers. 

Categories:

General

Companies:

AT&T,  HBO

Countries:

United States

Tags:

Voice services, Data services, Sales figures, Financial figures, Fibre, Wireline, Wireless, Internet Access

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