文档介绍：InvestorBriefing
No. 250 | Jan. 26, 2006
4TH QUARTER 2005
Cingular Wireless’ fourth-quarter
adjusted OIBDA margin expanded The New AT&T Delivers Strong
760 basis points from the year-
earlier fourth quarter. Fourth Quarter, With Growth
% in Wireless and Broadband,
% Expansion in Business Services
AT&T Inc. (NYSE:T), the United States’ largest mu-
pany, reported strong fourth-quarter results
reflecting solid progress in wireless, broadband and
4Q04 4Q05 business services.
Adjusted to exclude cash merger integration
costs in both quarters and hurricane-related
costs in 4Q05. OIBDA margin is operating e On Nov. 18, 2005, muni- initiatives and the segment’s
before depreciation and amortization divided by cations Inc. completed its acquisi- seventh consecutive quarter
total service revenue. Reported results were
% in 4Q04 and % in 4Q05. tion of AT&T Corp. and adopted of revenue growth.
AT&T Inc. as its name. In its first • Achieved solid growth at
The wireline segment’s fourth- quarter bined operations, Cingular Wireless — the nation’s
quarter adjusted operating e the new AT&T delivered earnings of largest wireless provider, which is
margin was up 400 basis points
from the fourth quarter of 2004. $ billion, or $ per diluted 60 percent owned by AT&T —
share, on a reported basis and with a million increase in
% $ billion, or $ per diluted subscribers, lower subscriber
share, before merger-related, sever- churn and substantial margin
% ance, and Cingular hurricane costs, expansion versus the year-
and a gain from tax settlements. earlier fourth quarter.
In the fourth quarter, AT&T: • Generated strong cash flow,
• Expanded its adjusted wireline with $ billion in cash from
segment margins versus the operations. Share repurchases
fourth quarter of 2004, with in the quarter totaled
4Q04 4Q05 results driven by productivity $ billion.
Adjusted to exclude the following