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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, July 23, 2010

iPhone Helps AT&T Eke Out Growth

Lifted by 10% growth in wireless service revenue, AT&T said that its revenues grew 0.6% year-on-year in the second quarter to 30.8 billion US dollars. The U.S. operator added 1.6 million wireless customers in the quarter, taking the total to more than 90 million.

AT&T said it activated 3.2 million iPhones in the quarter, the most quarterly iPhone activations ever. It added that approximately 27% of those activations were for customers who were new to AT&T.

The company said that capital expenditures in the quarter totaled 4.71 billion dollars (up 22% year-on-year), including a nearly 60% increase in wireless-related capital investment versus the year-earlier quarter, as "AT&T aggressively deploys next-generation wireless broadband networks." source: AT&T statement
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