Monday, March 20, 2023

32% drop in prepaid net gives Mars one of AT&T’s best results yet

Telecom group AT&T registered in the year 2022 one of the best exercises for its Mexican operation since arriving in the country in 2015 Your Postpaid Service Business Presented Net Customer Additions for the first time Here for about five years.

AT&T reported its financial results for 2022 and the final quarter of the year on this day.

The company announced a turnover of 861 million dollars In the October-December period, an increase of 22.3% compared to the year-ago figures. In all of 2022, AT&T invoices $3,144 million in MexicoUp 14.5% from the 2021 record, the company’s EBITDA stood at $332 million, an impressive 250% improvement over 2021 figures.

In its results glossary, AT&T reported 605,000 net subscriber additions in Mexico for the fourth quarter and 1.2 million net additions For the full year, a total of 21.6 million Mexican users served last December, a figure Brings AT&T closer to second place in the mobile market The Mexican, by number of Mexican subscribers, is now held by Movistar and its 22.5 million subscribers.

In all of 2022, AT&T had the balance in favor of 118,000 net users. postpaid And a record 71,000 net new accounts for the same item in the fourth quarter of the year alone.

The data contrasts with results presented by the prepaid segment, which was recording the highest quarter-on-quarter customer acquisitions for AT&T in Mexico through the last quarter of 2022.

Although the bulk of AT&T’s customer base in Mexico is made up of prepaid users, some 16 million 204,000 subscriptions that in turn represent 75% of all users Here is the postpaid business of the company expansion of 6.3% throughout 2022 and Up to 70% during Q4 of the year, compared to the same record from 2021.

During the year 2022, AT&T’s prepaid business declined by 11.70% acquisition of its users, in pure terms, and Up to 40% in the last quarter of the year,

The Clear: AT&T’s Prepaid Business Failed to capture 343,000 net prepaid users To maintain, the same quota of at least 858,000 net users is to be reached in the final quarter of 2021.

This performance, recorded by the prepaid business, led AT&T to report a 32% decline in totals for combined prepaid, postpaid and reseller accounts; And 12.5% ​​for the full year, also adds to the global net.

A year ago, the company reached 1.41 million net users for the full year and 889,000 in the last quarter alone.

Nation World News Desk
Nation World News Desk
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