VZ down, T is up here is why

CrisisInvesting

reported first-quarter results that showed continuing customer growth in wireless, fiber and HBO Max and strong cash flows.

"We continued to excel in growing customer relationships in our market focus areas of mobility, fiber and HBO Max," said John Stankey, AT&T CEO. "We had another strong quarter of postpaid phone net adds, higher gross adds, lower churn and good growth in Mobility EBITDA. We also continue to increase penetration in markets where we offer fiber broadband and we’re moving quickly to deploy more fiber. HBO Max continued to deliver strong subscriber and revenue growth in advance of our international and AVOD launches planned for June."

First-Quarter Highlights

Communications

Mobility:

595,000 postpaid phone net adds

823,000 postpaid net adds

207,000 prepaid phone net adds

Postpaid phone churn of 0.76%

Revenues up 9.4%; service revenues up 0.6%; equipment revenues up 45.2%

Operating income of $6.0 billion, up 3.7% year over year; EBITDA4 up 2.3%

Operating income margin of 31.5%; EBITDA service margin5 57.1% compared to 56.1% in the year-ago quarter

Consumer Wireline:

235,000 AT&T Fiber net adds; penetration more than 35%, up about 600 basis points

IP broadband revenues up 4.6% with ARPU growth of 3.2%

WarnerMedia

CrisisInvesting

T 是百年老店了吧。重振雄风也是可能的……