22 Apr 09 While Other Suffered AT&T Pulled Off an Impressive First Quarter
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
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