Television

Q3-2015: DirecTV acquisition jacks up AT&T revenue 18.9%

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2015/10/25/cable%20mso.jpg?itok=nncgUz6C

BENGALURU: The claimant to the world’s largest Pay TV service provider title in terms of subscriber’s, AT&T reported 26000 net domestic video subscriber adds to its recently acquired company DirecTV in the quarter ended 30 September, 2015 (Q3-2105, current quarter). However, the company lost 92000 of its Uverse (Fiber Optic) Pay TV subscribers in the US and 178,000 video subscribers in total including from its International segment.

Note: 100,00,000 = 100 lakh = 10 million = 1 crore

Subscription numbers have been mentioned in lakhs and revenue and other financial numbers in millions of US dollars.

Four segments add to AT&T’s numbers – Business Solutions; Entertainment and Internet Services (EIS); AT&T Mobility; and International. In this report, numbers of two have been considered – EIS and International since they relate to video and wireless broadband.

AT&T’s GAAP revenue in the current quarter increased 18.1 per cent to $39,091 million as compared to the $33,105 million in the immediate trailing quarter. The company reported a 4.3 per cent decline in GAAP net income attributable to AT&T of $2994 million as compared to the $3,130 million in Q3-2015. The company says that revenue growth in the current quarter was driven by the DirecTV acquisition, which added sales and created cost synergies.

At the time of the DirecTV acquisition, AT&T said that it had about 26 million video customers in the United States and more than 19.1 million customers in Latin America, including Mexico and the Caribbean, including DirecTV subscribers. As on 30 September, 2015, AT&T has reported 379.94 lakh video subscribers, of which 195.7 lakh are DirecTV connections and 58.54 lakh are Uverse connections in the US.

“We now have integrated solutions that are unlike any competitor in the market. With our national wireless and video capabilities, as well as our extensive broadband network, we now have assets that make us a unique competitor and the first scaled, fully-integrated US service provider,” said AT&T chairman and CEO Randall Stephenson.

“We turned in outstanding financial results in the quarter. Our early integration efforts with DirecTV are going very well and we’ve just begun to scratch the surface on the video, wireless and broadband cross-selling opportunities,” Stephenson added.

AT&T’s EIS segment had 526.37 lakh revenue connections as on 30 September, 2015 including 128.91 lakh legacy voice wireline connections besides video and broadband internet connections.

As a consequence of the DirecTV acquisition on 24 July, 2015 and subsequent restructuring of segments, GAAP operating video revenue of the Entertainment and Internet services segment in the current quarter multiplied to $7162 million as compared to the $1719 million in the corresponding year ago quarter. Besides, the company’s International segment also reported Video revenue of $945 million in the current quarter.

AT&T’s EIS segment reported GAAP operating revenue of $10858 million in the current quarter as compared to the $5553 million in Q3-2014 because of the DirectTV acquisition and restructuring. The segment has reported a GAAP operating profit of $1021 million as compared to a loss of $337 million in Q3-2014 and a loss of $208 million in the immediate trailing quarter.

AT&T’s Entertainment and Internet Services (EIS) segment had 143.22 lakh broadband internet subscribers (121.85 lakh IP and 21.37 lakh DSL) as 30 September, 2015 as compared to 144.65 lakh (110.1 lakh IP and 34.53 lakh DSL) in the corresponding year ago quarter. The segment reported GAAP revenue of $1685 million from broadband internet services in the current quarter as compared to the $1414 million in Q3-2014.

Legacy voice and data services reported GAAP revenue of $1419 million in the current quarter as compared to the $1834 million in Q3-2014 and $1516 million in the immediate trailing quarter.

The company’s International segment reported GAAP revenue of $1526 million in the current quarter and an operating loss of $87 million. Figures for the corresponding year ago quarter have not been mentioned.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/22/Nivedita-Oak.jpg?itok=75PAewjb
Times Television Network elevates Nivedita Oak to DGM

Times Television Network (TTN) has elevated Nivedita Oak to deputy general manager - influence. Earlier, Oak was the regional head for Zoom, FCT and branded content. She has been working with the Times Network for the last 11 years.

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/22/pathan.jpg?itok=tah626ME
History TV18 to release third film in ‘Special Operations India' series

History TV18, a pan-Indian television channel, is to create a documentary on counter-terrorist operation at Pathankot air base named Special Operations India: Pathankot. This one-hour documentary will be aired on June 25 at 9 pm.

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/22/cnbc.jpg?itok=opviMAi9
CNBC-TV18 successfully concludes the 8th edition of the ‘India Healthcare and Wellness Awards 2018’

NBC-TV18, India’s leading English business news channel along with ICICI Lombard hosted the 8th edition of the ‘Indian Healthcare and Wellness Awards 2018’ at The Grand Hyatt, Mumbai.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/22/mn.jpg?itok=QPriVkLO
MN+ to air Indian Television premier of ‘Tulip Fever’

MN+, the Gold Class of Hollywood Movies from the Times Network, brings to the viewers, for the first time on Indian television, the celebrated romantic historical saga– ‘Tulip Fever’. The movie will premiere on Sunday, 24th June at 1 pm and 9pm on MN+.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/22/india.jpg?itok=M2oqHiQO
Sony Music acquires the music rights for 2018’s much awaited sports drama film ‘SOORMA’

Global music giant, Sony Music has acquired the music rights for Soorma – the greatest comeback story of the hockey legend Sandeep Singh.

Television TV Channels Music and Youth
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/22/vs.jpg?itok=pVjUI8CY
Epic and Rupa publications announce the umeed india book on the occasion of international olympic day

EPIC TV - India’s only Hindi language, Indian Infotainment channel celebrates International Olympic Day with an exclusive unveiling of the first look of the Umeed India book published by Rupa Publications and based on its popular series, of the same name hosted by ace cricketer Virender Sehwag.

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/22/bbc.jpg?itok=gE0qxQNX
Iconic series Blue Planet II set for Indian TV premiere on Sony BBC Earth after a successful theatrical run

All eyes on TV as India’s #1 factual entertainment channel, Sony BBC Earth, premieres the world-renowned, path breaking and breath-taking series Blue Planet II for the Indian audience on June 25th at 9 pm.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/22/fox.jpg?itok=tK9XckqM
FOX Life celebrates a perfect celebrity mismatch in Great Escape’s new season

He’s rugged, she’s delicate. He’s adventurous, and she is spiritual. They are two friends who, at a distance, might seem like polar opposites. But get closer and you are sure to be surprised. FOX Life, India’s favorite premium lifestyle channel,

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/22/dev2.jpg?itok=LqKTXd3c
Engaging viewers with diversified content, COLORS brings you investigative thriller - Dev2

He thinks like a criminal, is at home around a crime scene and possesses an ironclad will to rid the city of nefarious wrongdoers; Detective Dev Burman returns for an explosive second season on COLORS – India’s premium Hindi entertainment channel.

Television TV Channels GECs

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories