AT&T will serve 14 million customers with fiber to the premises (FTTP) by the end of 2019, Chief Financial Officer John Stephens said in the operator's most recent earnings call.
That represents 1.5 million more residences than required in its pact with the Federal Communications Commission: As part of the deal to acquire DirecTV, AT&T pledged to deliver fiber broadband services to 12.5 million sites.
"We have the largest fiber footprint in the country, and we are ahead of the plan to reach our 12.5 million new fiber customer locations FCC commitment by mid-2019," he said. "In fact, by the time it's all said and done, we could be looking at around 14 million fiber-to-the-prem customer locations."
Access to fiber is critical to the CSP: In regions where AT&T does not have FTTx, it's lost subscribers, said Stephens.
"We are seeing on an out-of-footprint basis where we don't have fiber, we're seeing sub losses to competitors where they can bundle," he noted. "We believe we're going to, if you will, arrest that or address that situation as we continue to build out fiber."
Expanded fiber, coupled with 5G wireless, will further extend AT&T's reach to customers across the country, he said. This marks the third straight quarter of total broadband growth, in part due to the operator's investment in fiber, added Stephens.
"Extending fiber to more than 5.5 million customer locations is strengthening our broadband position," he said. "In fact, the number of broadband subscribers on speeds 18 megabits or higher has increased by nearly 1.6 million in the past year."
AT&T reported revenue for the quarter of $38.9 billion versus $40.5 billion a year ago.
By slashing subscriber pricing by more than $30 billion annually, Low Earth Orbit satellite companies led by Jeff Bezos and Elon Musk as well as OneWeb have the potential to usher in a whole new era of broadband.
In this insightful Light Reading radio show, Kurt Raaflaub, Head of Strategic Solutions Marketing, will outline the key service provider challenges, deployment considerations, next-gen Gigabit technologies, and service models to win market share in the rapidly growing MDU market.
Tuesday, May 21, 2019 11:00 a.m. New York / 4:00 p.m London
Win MDUs: Playing With Loaded 9-Sided Dice (archive available soon)
The MDU market continues to face fierce competition among service providers due to tech-savvy residents (i.e., millennials), demand from building owners and management companies, plus the favorable economics of bulk contracts. However, no MDUs are the same, so service providers must use multiple technologies and inconsistent deployment models, increasing operational complexity and rollout costs.
The MDU market itself is evolving as residents adopt smart-home technologies, generating rising demand for smart apartments with built-in connected thermostats, keyless entryways and doors, and video doorbells. This evolution presents both new challenges and opportunities. In other words, service providers must consider innovative service-delivery strategies to compete and win.
In this Broadband World News and ADTRAN webinar, Kurt Raaflaub, Head of Strategic Solutions Marketing, will highlight emerging MDU broadband Internet trends and challenges. In addition, Kurt will outline the next-generation service creation and delivery platform, built on open standards, that allows service providers to connect millions of underserved MDUs, enables creation of user-driven services, and reduces operational complexity and costs.
Plus, special guest, Alice Lawson, Broadband and Cable Program Manager for the City of Seattle, will discuss Seattle’s B4B-Build For Broadband initiative that addresses best practices in planning for MDU telecommunication infrastructure.