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The Financial Performance of AT&T Company - Assignment Example

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The present paper "The Financial Performance of AT&T Company" has identified that the company observed is in a good position to provide for the high demand in connectivity of IP data and mobile broadband. Therefore, the company aims at adding vital mobile capacity in 2010…

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The Financial Performance of AT&T Company

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Subject: Finance & Accounting
Type: Assignment
Level: College
Pages: 1 (250 words)
Downloads: 0

Extract of sample "The Financial Performance of AT&T Company"

According to the company, the increase in income was fueled by broadband and mobile growth. During the fourth quarter, the company added 2.7 million subscribers. This was the second-best performance that the company has ever achieved. The increase was driven by the fast adoption of products by the apple company like e-readers, iPhones, and netbooks. The mobile operating revenue for the company increased by 7.6% from $12.9 billion in the 2008 fourth quarter to $13.8 billion in the 2009 fourth quarter.

Furthermore, the company activated about 3.1 million iPhones in the quarter. In the company’s report, it assured its clients that it will offer the best services on iPad. The company has embraced the new innovation by Apple which has planned connectivity on its network. This was a report from John Stankey, the president of AT&T Company. The company has an understood the technical operation of the iPad thus will maximize its usage. In addition, the mobile data revenue of AT&T increased by 26.3% to $3.9 billion.

The company had a solid year, 2009, and led the company to the biggest growth driver.

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(AT&T Income Report Assignment Example | Topics and Well Written Essays - 250 words, n.d.)
AT&T Income Report Assignment Example | Topics and Well Written Essays - 250 words. https://studentshare.org/finance-accounting/1882149-short-report-for-att-income-statement

(AT&T Income Report Assignment Example | Topics and Well Written Essays - 250 Words)
AT&T Income Report Assignment Example | Topics and Well Written Essays - 250 Words. https://studentshare.org/finance-accounting/1882149-short-report-for-att-income-statement.

“AT&T Income Report Assignment Example | Topics and Well Written Essays - 250 Words”. https://studentshare.org/finance-accounting/1882149-short-report-for-att-income-statement.

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