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Expectations for AT&T’s Prepaid Net Additions in Q1

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AT&T’s prepaid customers

In this article, we’ll take a look at the kind of prepaid customer net additions we can expect from AT&T’s (T) combined domestic wireless operations in the first quarter.

Wall Street analysts expect 50,000 prepaid customer net additions from AT&T in the first quarter of 2019 compared to 241,000 net additions in the first quarter of 2018.

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In the fourth quarter of 2018, AT&T gained 26,000 net prepaid customers compared to 140,000 net additions in the fourth quarter of 2017. The company’s number of prepaid subscribers had risen ~10.9% YoY (year-over-year) to 17.0 million as of December 31, 2018. Verizon’s (VZ) number of prepaid subscribers had fallen ~14.0% YoY to 4.6 million, T-Mobile’s (TMUS) number of prepaid subscribers had grown ~2.3% YoY to 21.1 million, and Sprint’s (S) number of prepaid customers had fallen ~1.7% YoY to 8.8 million as of the same date.

Peer comparison

In comparison, Verizon is expected to report 250,000 prepaid subscriber net losses in the first quarter. T-Mobile is expected to report 119,000 prepaid subscriber net additions. Sprint is expected to report 165,000 prepaid subscriber net losses in the quarter.

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