AT&T reports Q2 2016 earnings with $40.5 billion in revenue, 2.1 million wireless net adds

By Dan Thorp-Lancaster
last updated

AT&T has reported its earnings for the second quarter of 2016, noting a solid bump in both consolidated revenues and wireless net adds over this time a year ago. In total, AT&T says that consolidated revenues were up to $40.5 billion for the quarter, which is an increase of 22% over the same period a year ago.

Concerning the wireless market specifically, AT&T says that it saw a total of 2.1 million wireless net adds total. 1.4 million of those net adds came from the U.S. alone, while Mexico contributed 780,000. According to AT&T, this quarter also saw the company's second-lowest churn on record at 0.97%. Here are the highlights:

  • 2.1 million wireless net adds driven by connected devices, Mexico and Cricket
  • 185k U.S. branded (postpaid and prepaid) phone net adds
  • Nearly 800k branded smartphones added to the U.S. base, offsetting ~600k branded feature phone decline
  • Postpaid churn of 0.97%, down from 1.01% in 2Q15 and second-lowest ever in U.S.
  • Mexico: 780k branded net adds to reach about 10 million subscribers

For much more, be sure to check out AT&T's full earnings release (opens in new tab).

Dan Thorp-Lancaster
Dan Thorp-Lancaster
26 Comments
  • Well from the looks of it they cant be sued so why not.
  • The original Bell is slowly making a comeback >>>> Posted via the Android Central App
  • At&t is already a monopoly nationwide and worldwide and in all public traded companies nationwide and worldwide and in anything everything with a googoplexian cash flow never ending endlessly deep pockets and no meaning to to the antitrust law nationwide worldwide because of a technology stopping global warming nationwide worldwide online with all networks they own and operate nationwide worldwide and including their own too nationwide and worldwide another more advanced version using harp program with 25 thousand years includes biblical too of weather climate nature records all hereon earth all a never ending signal that controls all of the moon jet streams the sun all planets moons all of space all moons all stars all of space in weather nature climate technology using this more advanced version of harp program technology and reason two screening monitoring wiretapping all evil scum terrorists with all law agencies governments locally statewide federal and nato ally countries too and law agencies the original bell is back totally nationwide and worldwide more powerful then 1983 now its in anything everything nationwide worldwide forever I'm Vip with the CEO of at&t is how I know this information and all secerts they control the airwaves nationwide and worldwide across all platforms own it all nationwide worldwide forever so no one Vip enough will ever know except me at&t upper management high up executives' and the new world order lawmakers nationwide and worldwide and a beautiful angelic singer actress too knows all we do that's the way it stays sorry have a wonderful week bye...
  • Dafuq? Posted via Techmology
  • Woah, jeezus crise, that was one sentence, imagine that. All gibberish to boot Posted via the Android Central App
  • He be smokin some good $h1t! *6P 64 gb Graphite (AT&T)*
    *iPad Air 2 64 gb Space Gray (AT&T)*
  • I think someone had fun with SwiftKey's predictions
  • I saw this stupid logo and thought maybe the headline was going to be that this company finally held their new years day celebration and entered 2016 with the rest of us, by pushing out the Marshmallow update to the Note 4.
  • I'm laughing out loud AT&T Galaxy S7 Onyx Black with Unlimited Data
  • No that's 4 more months away, at least
  • I work for atnt as a senior DirecTV tech. This corporation makes is obviously a financial monster but unfortunately they're also cheap to an extent. After acquiring DirecTV us techs went from making upwards of 80-100 k annually doing piece work to maxing out at $26 hourly. It's a shame but theyre so powerful no union or organization within has much leverage or power to effectively negotiate for higher wages. Great company to work for depending in what you do but they aggressively cut costs as they please at the expense of many of their employees. Posted via the Android Central App
  • The DirecTv installer that put my Dish up a couple weeks ago said they are doing twice as many installs per day as compared to what they had to do when installing U-Verse tv. Posted via the Samsung Galaxy Note 5 or Samsung Galaxy S6 Edge.
  • That doesn't sound right. Usually it's the other way around. Especially since we're hourly now. Posted via the Android Central App
  • Its the Costco deal ... Kenny
  • Wow, I didn't know some of you guys used to make as much as a CST makes. I take it you're now a Prem Tech? So many changes going on structurally within the company I'm not sure it'll be that great a company to work for in the next few years as it has been up until now. Posted via unlocked S7 Active on T-Mobile
  • We were making a ton of money but we were also slamming as many jobs as possible to get paid more. It's more chill now. They haven't fully integrated DirecTV into the company yet so I'm not currently a prem tech. Also theyre essentially cutting costs with DirecTV techs to take advantage of us not currently having a union contract. That's coming soon though. But yeah, DirecTV was one hell of a company to work for as a tech. Posted via the Android Central App
  • But unions are of the devil or so I was told... Posted via the Pokemon Central App
  • GO CRICKET.... Posted via Android Central App
  • Which is att Posted via the Pokémon Central App
  • Which is owned by At&t and is throttled to 8mbps at a max with no roaming... I'd much rather have postpaid with DTV and get unlimited data. Posted via the Android Central App
  • At&t is a monopoly again nationwide and worldwide and they are in all public traded companies nationwide worldwide and in anything everything nationwide worldwide forever they are a financial monster alright lol with a googoplexian cash flow endless never ending Deep pockets they have no meaning to the antitrust law nationwide and worldwide forever for two reasons a technology online with all networks they own and operate nationwide worldwide including their own too nationwide worldwide to stop global warming using a another version of harp program technology and screening monitoring wiretapping all evil scum and terrorist's nationwide and worldwide with all local state federal law agencies and all local state federal governments' and nato ally countries and governments' worldwide forever this is how the at&t global empire is back together again nationwide and worldwide and will be forever nationwide and worldwide forever I'm Vip with the CEO himself above him lol you didn't hear this from me I don't exist I'm not real you didn't see or hear or read this from me thank you have a wonderful week bye...
  • We heard that BS the 1st time Posted via the Android Central App
  • So let me get this right.... Nationwide and worldwide? Is that correct sir?
  • Correct. With a googoplexian cash flow. Posted via the Android Central App
  • Lol, Thanks for playing. I had hopes more of us would.
  • Very profitable. Now time to increase your data plans and reduce the monthly prices >..< Where ever you go, remember, that's where you are