Maintaining its relentless fiber push, AT&T continues to add more broadband subscribers as it keeps converting its customer base over from DSL to FTTH.
In a second-quarter earnings report dominated by discussion of its $85 billion Time Warner acquisition last month and its impact, AT&T Inc. (NYSE: T) quietly chalked up modest but steady IP broadband sub increases again, netting 76,000 IP broadband subscribers. At the same time, it lost another 53,000 DSL customers, lowering its overall broadband customer gain to 23,000 for the spring. (See AT&T Starts to Milk the Time Warner Cash Cow .)
With the latest numbers factored in, AT&T now has nearly 13.7 million IP broadband subs and just 763,000 DSL subs, giving it a total of almost 14.5 million data customers. It remains the third-largest broadband provider in the US, behind Comcast and Charter.
AT&T also reported that it now markets its all-fiber network to more than 9 million customer locations in parts of 71 metro areas. The company plans to bring fiber lines to at least 14 million residential and commercial locations in at least 84 markets by the middle of next year.
As has happened with other providers, AT&T broadband customers keep opting for faster speed tiers. Customers taking speeds of 100 Mbit/s-plus have more than doubled in the past year. As a result, half of its fiber network subs now have speeds of at least 100 Mbit/s.
Finally, AT&T reported that broadband penetration in its fiber footprint continues to be significantly higher than in its non-fiber footprint. It claims penetration levels of nearly 50% in locations that have been marketed for more than 30 months.
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