AT&T said that its revenues from continuing operations rose 2.8% year-on-year to 31.6 billion US dollars in the third quarter, fuelled by 10.5% growth in wireless service revenues.
"This was a terrific mobile broadband quarter,” said CEO Randall Stephenson. “A record number of customers signed new two-year contracts and integrated device sales outpaced our previous best by a wide margin."
The telco added that wireless data revenues increased 30.5%, from the year-earlier quarter, to 4.8 billion dollars. Total text messages carried on the AT&T network increased about 34 percent to 161 billion and multimedia messages more than doubled to 2.8 billion.
AT&T said it spent 5.5 billion dollars on capital expenditure, involving a nearly 64% year-on-year increase in wireless-related capital investment, "as AT&T aggressively deploys next-generation wireless broadband networks." source: AT&T statement