Segment Reporting

3 Months Ended

Mar. 31, 2023

Segment Reporting

Segment Reporting

11.Segment Reporting

Operating segments are components of an enterprise for which separate financial information is available and regularly evaluated by the chief operating decision maker(s) of an enterprise. Operating income is the primary measure used by our chief operating decision maker to evaluate segment operating performance. We currently operate two primary business segments: (1) Pay-TV; and (2) Wireless. See Note 1 for further information.

All other and eliminations primarily include intersegment eliminations related to intercompany debt and the related interest income and interest expense, which are eliminated in consolidation.

The total assets, revenue and operating income, and purchases of property and equipment (including capitalized interest related to FCC authorizations) by segment were as follows:

	As of
	March 31,		December 31,
	2023		2022
	(In thousands)
Total assets:
Pay-TV	$	47,615,550	$	46,295,495
Wireless (1)		47,415,364		46,261,004
Eliminations (1)		(41,468,860)		(39,949,937)
Total assets	$	53,562,054	$	52,606,562

(1) The increase primarily resulted from intercompany advances for capital expenditures related to our 5G Network Deployment.

	For the Three Months Ended
	March 31,
	2023		2022
	(In thousands)
Revenue:
Pay-TV	$	2,972,131	$	3,167,563
Wireless		986,271		1,165,457
Eliminations		(1,420)		(2,400)
Total revenue	$	3,956,982	$	4,330,620
Operating income (loss):
Pay-TV	$	675,233	$	752,046
Wireless		(351,810)		(201,686)
Total operating income (loss)	$	323,423	$	550,360
Purchases of property and equipment (including capitalized interest related to FCC authorizations):
Pay-TV	$	35,563	$	32,006
Wireless		871,042		864,285
Total purchases of property and equipment (including capitalized interest related to FCC authorizations)	$	906,605	$	896,291

Geographic Information. Revenue is attributed to geographic regions based upon the location where the goods and services are provided. All service revenue was derived from the United States. Substantially all of our long-lived assets reside in the United States.

The following table summarizes revenue by geographic region:

	For the Three Months Ended
	March 31,
Revenue:	2023		2022
	(In thousands)
United States	$	3,946,684	$	4,322,176
Canada and Mexico		10,298		8,444
Total revenue	$	3,956,982	$	4,330,620

The revenue from external customers disaggregated by major revenue source was as follows:

	For the Three Months Ended
	March 31,
Category:	2023		2022
	(In thousands)
Pay-TV subscriber and related revenue	$	2,942,310	$	3,129,734
Wireless services and related revenue		867,111		945,388
Pay-TV equipment sales and other revenue		29,821		37,829
Wireless equipment sales and other revenue		119,160		220,069
Eliminations		(1,420)		(2,400)
Total	$	3,956,982	$	4,330,620