A little more on AT&T: Wireless op. margin fell 100 bps Y/Y to 14.5% thanks to iPhone sales....
A little more on AT&T: Wireless op. margin fell 100 bps Y/Y to 14.5% thanks to iPhone sales. Wireline revenue -0.5%, op. margin up 30 bps to 12%. Consumer wireline +3%, business -2.1%. Wireline data +6.9%, voice -8.8%, other -5.2%. Total broadband subs flat, but ARPU up 10%. 192K U-Verse TV subs added vs. 198K in Q3. 2013 capex budget of $21B, up from 2012's $19.5B. More buybacks expected.
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