AT&T - additional information
AT&T sits alongside Verizon as one of the biggest telecommunication companies in the United States. The company employs close to a quarter of a million people and generates annual revenues in excess of 130 billion U.S. dollars. It is active across mobile, fixed line, and broadband services. By some estimates, the total North American telecommunications market is worth approximately 325 billion U.S. dollars, outweighed only by the Asia-Pacific market.
In the United States wireless market, AT&T has a relatively low average revenue per user (ARPA). However, a large retail customer base and churn rates that are lower than those of its competitors have contributed to the company generating a positive net income for the last six years. While Verizon remains AT&T's largest competitor, smaller companies such as Sprint Corporation and T-Mobile also hold significant shares of the U.S. wireless market.
In the U.S. fixed line market, where AT&T generates slightly less half than of its revenue, data services continue to be the company's biggest source of revenue, having outpaced wireline voice services since 2010 and showing no signs of slowing down. AT&T sits comfortably in front of Verizon in terms of broadband subscribers, overseeing some 40 million wireline connections in the United States.