A Quick Look at Telco Revenues

A short take on telco revenues including Earthlink, Windstream, Frontier, Verizon and AT&T.

Is it the price revenue squeeze on telecom? Or is it the revenue dip associated with cloud services that have a lower ARPU than TDM ARPU?

“Windstream revenues decreased 2.4% year over year to $1.466 Billion in the second quarter.
Data center and managed services revenues, which total approximately $31 million, increased 20 percent from the same period a year ago.” [source]

“Service revenues fell 27.7%, while Product revenues reduced 8% year over year. Decommissioning legacy circuits by wireless carriers, decline in switched access revenues, lower intrastate access rates, fewer minutes of use and other transport-related network grooming affected the second quarter performance.” [source]

“During the second quarter, total access lines, which include voice lines, high-speed Internet and digital television customers, decreased 5.1% year over year to 3.21 million. On a year-over-year basis, voice lines dropped 6.3% while digital television customers witnessed a decline of 5%. High-speed Internet also fell 3.4%.” [zacks]

“EarthLink CLEC revenue is in decline – 3.7% on business and 10% on consumer.” [source]

AT&T – “Second-quarter consolidated revenues of $32.6 billion, up 1.6 percent versus the year-earlier period… More than 2 million new wireless and wireline high speed broadband connections added. …. Total U-verse® revenues, including business, were up 24.8 percent year over year; now approaching a $15 billion annualized revenue stream.” [source]

Verizon – “Net additions of wireless subscribers with contracts surged 53 percent to 1.4 million in the second quarter ended June 30. That included a record 1.15 million in tablet sales. … The company said it added 100,000 FiOS video customers and 139,000 net new FiOS Internet connections in the quarter. … Verizon’s wireless revenue, which accounts for more than two-third of total revenue, rose 7.5 percent due to strong growth in service revenue. ….
Average monthly revenue per account rose 4.7 percent to $159.73.” [source]

VZ Churn is 1.3 versus AT&T churn of > 1%

FRONTIER – “Quarterly revenues of $1,147.3 million – down…. voice revenues fell 8.2% to $471.6 million while data and Internet services revenues inched up 1% to $462.7 million. Other revenues registered growth of 11.8% to $79 million. … The number of residential customers was 2,762,100, while business subscribers totaled 264,200.” [zacks]

Tags: att, clec, earthlink, financials, ilec, numbers, vz, windstream
Related tags: second quarter, voice lines, telco revenues, revenues including, services revenues, revenues