The macro-economic climate forced AT&T's revenues in the second quarter down to 30.7 billion US dollars, compared with 30.9 billion in the same quarter of 2008, despite growth in sales of wireless and advanced fixed-line data services.
AT&T’s wireless data revenues increased by 934 million dollars, or 37%, versus the year-earlier second quarter. Wireless text messages on the AT&T network exceeded 108 billion - nearly double the total for the year-earlier quarter. The number of 3G LaptopConnect cards on AT&T’s network increased by nearly 50% over the year to 1.4 million.
AT&T said its investment of 7.4 billion dollars in capex in the first half of 2009 is in line with its earlier guidance. source: AT&T presentation