Mobile and IP data, U-verse and strategic business services, henceforth drive the AT&T growth.
For the fourth-quarter results, AT&T
Inc., reports strong revenue and EPS growth driven
by mobile and IP data, U-verse and strategic business services.
Connectikpeople.co observes at AT&T Inc, 2013 was the year of the
network. In the same momentum of dynamism, we have captured Project Agile, a
set of initiatives to streamline and improve every part of AT&T Inc
business.
In terms of fourth-Quarter
Financial Results, AT&T’s consolidated revenues totaled
$33.2 billion, up 1.8 percent versus the year-earlier period. Fourth-quarter
2013 net income attributable to AT&T totaled $6.9 billion, or $1.31
per diluted share, compared to $(3.9) billion, or $(0.68) per diluted
share, in the year-earlier quarter. Cash from operating activities totaled
$7.9 billion, and capital expenditures totaled $5.5 billion.
For full year 2013, compared with 2012 results, AT&T’s consolidated
revenues totaled $128.8 billion versus $127.4 billion; when excluding
the divested Advertising
Solutions business unit, revenues were up 1.9 percent
for the year.
AT&T’s full-year cash from operating activities was $34.8 billion,
down from a record $39.2 billion in 2012 reflecting higher cash tax
payments, timing of working capital payments and wireless device financing
related to the AT&T Next program.
As part of its Project VIP-related LTE deployment, the company now covers
nearly 280 million POPs. The company’s LTE deployment is expected to be
substantially complete by this summer.