Wednesday, April 22, 2009

AT&T Flat in First Quarter

In the first quarter of 2009, AT&T's revenues declined marginally to 30.6 billion US dollars from 30.7 billion in the year-earlier quarter, as growth in wireless and fixed-line data services offset declines in demand for fixed-line voice services.

The U.S. operator said it is still on track to meet its 2009 targets, which includes revenue growth in the low single digits.

AT&T generated a 39% increase in wireless data revenues to 3.2 billion US dollars, as text messages on the AT&T network more than doubled to 94 billion in the first quarter.

At the end of the first quarter, 41% of AT&T's postpaid wireless subscribers had a 3G device, up from 20% one year earlier. source: AT&T statement

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