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AT&T Q2 2016 earnings report: up, but not really
Every few months we get to see how companies are doing, and now it’s time to take a look at AT&T’s Q2 2016 earnings report. How is the 2nd largest USA cellular carrier doing this time around? Well, the numbers show good results, but things are still not looking as bright in some areas.
These make for impressive stats, especially in Mexico, where AT&T is shaking the industry.
Once you strip those 3 elements out of the equation, the numbers don’t look as amazing. AT&T is said to have lost 180,000 postpaid US subscribers during said quarter. This is still an improvement over Q2 2015’s 270,000 and Q1 2016’s 363,000 lost subscribers, but that doesn’t change the fact that numbers continue to decrease.
We are also noticing the results of AT&T’s efforts to bring more smartphones to prepaid carriers and focus less on feature phones. The company added 800,000 smartphones, while losing 600,000 basic feature phones.
But despite some discrepancies, AT&T's plan seems to be working out.
Only time will tell how AT&T will do in the USA, in the long run, but their strategy has certainly changed and we can now put them in another category. It will be hard to compare AT&T to other carriers considering they are focusing more on prepaid and international services. They have acquired both Iusacell and Nextel in Mexico, bringing the game to a whole different level.