AT&T Inc. · NYSE:T
AT&T — Q1 2015 Earnings Presentation
11 slides from AT&T's earnings presentation, Apr 22, 2015
Slide 1: 1st Quarter Earnings Conference Call
1st Quarter Earnings Conference Call AT&T Investor Update April 22, 2015 1
Slide 2: Cautionary Language Concerning Forward-Looking Statements
Cautionary Language Concerning Forward-Looking Statements Information set forth in this presentation contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect futu
Slide 3: Highlights: Executing on Plans
Highlights: Executing on Plans … Project VIP • LTE network covering 308 million people Network Transformation • 57 million IP broadband customer locations, speed upgrades Nearing Completion • Fiber to 800,000 additional business locations • 84% postpaid phone base on smartphones,~90% usage-based Cus
Slide 4: Positioned for Growth
… Positioned for Growth DIRECTV Mexico Spectrum $2.5B in cost synergies, Unique opportunity in a Positioned for data up from $1.6B growing market growth driven by video Content efficiencies Near-nationwide footprint Utilization of Leap spectrum, completing Supply-chain efficiencies Leading spectrum
Slide 5: 1Q15 Financial Summary
1Q15 Financial Summary Adjusted Consolidated Adjusted EPS* Revenues ($ in billions) First-quarter adjusted consolidated revenues $0.71 $32.2 $32.6 of $32.6 billion, up 1.2 percent $0.63 • Wireless revenues up 1.8 percent 1.2% • Adjusted wireline revenues down 1.2 percent First-quarter adjusted EPS o
Slide 6: Best-Ever First-Quarter Postpaid Churn; Internet of Things Drives Subscriber Growth
Best-Ever First-Quarter Postpaid Churn The Internet of Things Drives Strong Subscriber Growth Postpaid Net Adds Connected Devices and (in thousands) Total Net Adds Postpaid Churn (in thousands) 1,218 Industry-leading postpaid churn of 1,062 1.02 percent 945 1.2 million total net adds, driven by tabl
Slide 7: AT&T Next Take Rate Nears Two-Thirds of Smartphone Sales
AT&T Next Take Rate Nears Two-Thirds of Smartphone Sales as Postpaid ARPU with Next Continues to Grow Sequentially Total Wireless Revenues Mobile Share Connections ($ in billions) (in millions) Equipment Revenues Accounts Wireless revenues continue to grow 55.6 • Equipment revenues up 36 percent as
Slide 8: Wireline Driven by Strategic Business Services and Consumer
Wireline Driven by Continued Strength in Strategic Business Services and Consumer Adjusted Wireline Revenues ($ in billions) Wireline EBITDA Margin Continued focus on profitability • Wireline margins stabilizing $14.3 $14.5 $14.1 • Adjusted consumer revenues up 2.1 percent 28.4% • IP revenues approa
Slide 9: Margin Summary
Margin Summary Adjusted Wireless EBITDA Service Margin1 Postpaid Smartphone Gross Adds and Upgrades (M) Stable adjusted wireless EBITDA service 43.2% 45.5% 45.3% 2 margin • Consistent with prior year with help from AT&T Next sales • Total wireless EBITDA margin year-over-year 5.8 6.1 6.2 comparison
Slide 10: 1Q15 Summary: Executing Well on All Plans, Full-Year Guidance on Track
1Q15 Summary: Executing Well on All Plans, Full-Year Guidance on Track • Industry-leading Continued transition to no-device-subsidy model postpaid churn • Growing AT&T Next and Mobile Share Value take rates, solid subscriber gains • 1.2 million branded smartphones added • Solid broadband gains Furth
Slide 11: 1st Quarter Earnings Conference Call
1st Quarter Earnings Conference Call 11