AT&T Wireless 2006 Annual Report Download - page 4

The Nation’s Wireless Leader
By the end of 2006, we served 61 million wireless customers.
We have the nation’s largest wireless digital voice and data
network. And 2006 wireless revenues totaled $37.5 billion,
generating our highest-ever wireless net income of $2.5 billion.
Today, we own one of the most advanced and robust
wireless networks anywhere, and we are making the
most of the opportunity. For example, we now offer
high speed Internet access on wireless handsets in more
than 165 U.S. cities, allowing customers to download videos,
e-mail, games and music faster than ever. We also migrated
virtually all of our wireless traffic to our advanced GSM
network. Using a single worldwide technology standard
like GSM makes us more cost-efficient and accelerates
the rollout of next-generation products.
That’s why we were selected as the only U.S. wireless carrier
to sell the much-anticipated Apple iPhone. This truly
revolutionary product combines a mobile phone, widescreen
video iPod and Internet access into a single device.
A Leader in Serving Business Customers
in the United States and Around the World
In almost every category, we continued to be the U.S. leader
in meeting the always-growing communications needs of
businesses of all sizes.
To keep pace with our customers — and to keep ahead of
our competitors — we continued to invest in state-of-the-art
technology and to improve our capabilities. Our acquisition of
USinternetworking strengthened our position in the growing
application management services market.
2 : : 2006 AT&T Annual Report : : To Our Stockholders
LEFT: Ed Whitacre, Chairman and CEO, greets new members of the AT&T
family at a merger launch event in January 2007.
RIGHT: BellSouth rebranding began immediately after the acquisition
closed on December 29, 2006.
And we expanded our reach in key Asian markets, with
strategic relationships in India and Vietnam. In fact, we were
the first foreign telecom operator to be granted a license
to provide telecom services in India.
We also tapped new markets by making products and services
originally designed for large businesses, such as network
security and business-continuity services, available to small
and midsized businesses. As a result, small and midsized
business revenue in our local service territory grew at a
double-digit pace in the second half of the year.
Leading the IP Revolution
AT&T is a leader in transitioning customers to services that
rely on Internet Protocol (IP). IP technology lowers costs and
allows for integrated platforms and service offerings that
transform the way customers use their PCs, wireless devices
and wired phones — even televisions.
Our network is the most robust in the world. It carries more
than 9.59 petabytes of data traffic on an average business
day — the approximate equivalent of transmitting every
printed word in the Library of Congress nearly every minute.
And the network reaches almost every country while delivering
unrivaled reliability of up to 99.999 percent.
Our superior IP network has positioned AT&T as a premier
provider of broadband service to homes and businesses. Today,
including DSL, IP television service and satellite, we have more
broadband lines in service — more than 12 million — than any
of our competitors, and we continue to add subscribers.
Our high speed broadband has opened the door to a new
opportunity — video. In fact, our IP-based AT&T U-verseSM
service offers much more than video. AT&T U-verse completes
the quadruple play of communications and entertainment
services — video, voice, data and wireless.
AT&T has achieved seven consecutive quarters of double-digit
year-over-year growth in adjusted earnings per share.
$0.48
$0.52
$0.58
$0.63 $0.61
4Q05
$0.46
1Q06
$0.37
2Q06
$0.46
3Q06
$0.56
4Q06
$0.50
Adjusted
EPS
Reported
EPS