AT&T, the largest telco in the U.S., said its revenues grew 2.2% year-on-year in the second quarter to 31.5 billion US dollars, thanks to "strong wireless growth, IP data and video and improved business wireline trends."
AT&T also said it now plans to spend 20 billion dollars on capex in 2011 to meet growing demand for wireless services. Its original guidance was for capex "in the low-to-mid 19 billion dollar range."
source: AT&T presentation
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