Say what you will but the financial crisis isn’t affecting everyone similarly. As opposed to others that revealed important losses for the first quarter AT&T managed to bring in loads of cash during the same period. The revenue for the first quarter came in at $30.57 billion and the most impressive earnings came from the wireless and U-Verse services. AT&T Mobility brought in 1.2 million new subscribers and it activated 1.6 million iPhones during the last three months. Wireless data revenue grew 38.6% to $3.2 billion and operating income margine grew 26% compared to 2008.

AT&T also added 284,000 net U-Verse TV subscribers, twice as much as it did in Q1 2008. As for wireless broadband subscribers AT&T added 471,000 subscribers and now it has 16.7 million total broadband users.

via AT&T

Related posts:

1. AT&T Sold 2.4 Million iPhones in Third Quarter AT&T sold quite a lot of iPhones this last quarter....
2. Iphone helps Apple’s Profit’s Soar to New Heights Apple today announced financial results for its fiscal 2007 fourth...
3. Nokia Drops 90% in Profit in the First Quarter Compared to other cell phone manufacturers, Nokia managed to actually...
4. Apple Brags About iPhone 3G and Mac Sales in Financial Q4 It looks like Apple number for the financial fourth quarter...
5. Verizon Wireless Purchases Alltel and the FCC Is Ok with It Verizon announced its intention to purchase Alltel this summer and...