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How Did AT&T Fare in 3Q17?

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Part 4
How Did AT&T Fare in 3Q17? PART 4 OF 10

Why AT&T Reported Postpaid Phone Subscriber Losses in 3Q17

AT&T’s postpaid phone subscriber losses

AT&T’s (T) postpaid phone customer net additions in 3Q17 showed a loss of 97,000 postpaid phone subscribers, down from 268,000 net losses in 3Q16. According to a report from FierceWireless on October 25, 2017, “241,000 net postpaid phone losses including migrations were relatively weak.”

The reported stated that this result, however, “marked an improvement from the net loss of 354,000 postpaid phone subscribers it posted during the same period last year.”

Why AT&#038;T Reported Postpaid Phone Subscriber Losses in 3Q17

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Peer postpaid phone net addition comparison

In 3Q17, T-Mobile (TMUS) gained 595,000 postpaid phone net subscribers, while Verizon Communications (VZ) added 274,000 postpaid phone net subscribers. Sprint (S) added 279,000 postpaid phone net customers in fiscal 2Q17 (quarter ending September 2017).

Remember, postpaid handset subscribers, especially smartphone subscribers, are of significant value for mobile companies. Users of smartphones such as Google’s (GOOG) Android or Apple’s (AAPL) iPhone tend to have relatively higher data usage, and as a result, they’re the most lucrative users for telecom carriers.

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