The financial results AT&T announced yesterday showed an uptick in its U-verse Voice VoIP service. AT&T says U-verse Voice is helping offset consumer landline losses, but a closer look at the raw data indicates that it's not a lot.
During an analyst conference call on Wednesday morning, AT&T CFO Rick Lindner said the company had added 170,000 U-verse Voice customers for a total of more than 390,000 VoIP subscribers. The attached rate for the VoIP service is more than 60 percent with U-Verse Voice deployed in more than 86 percent of U-verse markets.
However, AT&T lost 4.2 million consumer landlines in the first three months of 2009, so if our math is correct, U-Verse Voice only accounted for maybe a 4 percent offset in landline subscribers in the quarter - no miracles here.
For more:
- Multichannel News looks over AT&T's Q1 numbers. Article [1].
Related stories
AT&T profit, revenue slip in Q1 [2]
AT&T issues official shutdown warning for CallVantage VoIP service [3]
Links:
[1] http://www.multichannel.com/article/209753-AT_T_60_Of_U_verse_Customers_From_Cable_Competitors.php
[2] http://www.fiercetelecom.com/story/t-profit-revenue-slip-q1/2009-04-22
[3] http://www.fiercevoip.com/story/t-issues-official-shutdown-warning-callvantage-voip-service/2009-04-22