uploads///Telecom ATT Q Wireless Service Revenue

What to Expect for AT&T’s Wireless Service Revenue in 4Q17

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Jan. 17 2018, Updated 7:30 a.m. ET

AT&T’s wireless service revenue

In this part, we’ll take a look at AT&T’s (T) two most significant wireless revenue segments in its combined domestic operations—wireless equipment (the smaller of the two) and wireless service. Wall Street analysts expect AT&T’s wireless service revenue to fall ~1.4% YoY (year-over-year) to ~$14.5 billion in 4Q17.

In 3Q17, AT&T’s wireless service revenue fell ~2.8% YoY to $14.5 billion. This reduction was primarily due to lost overage revenue and rate-plan optimization by single-line users after the introduction of unlimited offerings. This was the third consecutive quarter where the telecom company reported wireless service revenue of ~$14.5 billion, indicating that its postpaid phone customer loss is moderating.

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Performance of other US wireless carriers in 3Q17

Whereas Sprint’s (S) wireless service revenue fell ~6.1% YoY to reach $5.6 billion, T-Mobile’s (TMUS) grew ~7.0% YoY to $7.6 billion. Meanwhile, Verizon’s (VZ) wireless service revenue fell ~5.1% YoY to $15.8 billion.

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