AT&T CEO Randall Stephenson (pictured) hailed an “outstanding” quarter for the operator, stating that it has “just begun to scratch the surface on the video, wireless and broadband cross-selling opportunities”.

Q3 operating revenue reached $39.1 billion, up nearly 19 per cent year-on-year, primarily due to the acquisition of satellite provider DirecTV. Net income for the quarter fell 4.3 per cent to $3 billion, compared with $3.1 billion in Q3 2014.

Wireless revenue remained flat at $18.3 billion for the quarter, with service revenue down 2.1 per cent to $15.1 billion “reflecting continued customer adoption of our Mobile Share Value plans”.

The company added 2.5 million new customers to its wireless business, “with gains in every customer category”.  It added 289,000 postpaid customers and 466,000 prepaid customers, with the prepaid its best quarterly figures in “nearly eight years”.

It also noted 1.6 million connected device additions, including one million connected cars.

Its DirecTV acquisition saw the company add 26,000 new domestic TV customers. It however lost 91,000 AT&T U-verse video customers “as the company focused on profitability and increasingly emphasised satellite sales”.

Stephenson said AT&T “turned in outstanding financial results in the quarter”, and talked up the DirecTV acquisition, with “early integration efforts going very well”.

“We now have integrated solutions that are unlike any competitor in the market,” he said. “With our national wireless and video capabilities, as well as our extensive broadband network, we now have assets that make us a unique competitor and the first full scaled, full integrated US service provider.”