AT&T Continues Mobile Data Growth

  • July 24, 2008
AT&T's revenue from mobile data services 52% in the second-quarter compared to the year-earlier period to $2.5 billion. The wireless giant said revenues from mobile Internet use had doubled and services such as e-mail, text-messaging and data access each had more than 50% growth.

The mobile data gains helped AT&T post net income of $3.8 billion for the quarter, up from 2.9 billion a year ago, or 63 cents a share compared to 47 cents a share, and a 4.7% rise in revenue to $30.9 billion.

AT&T also said 18% of its contract customers had "integrated devices" or smartphones, up from 8% last year. The average revenue per user (ARPU) for these users is roughly double the company average. With the July 11 launch of the iPhone 3G, for which AT&T is the exclusive wireless provider, the company expects to continue making strong gains in mobile data growth.

Combined voice and data plans for the iPhone 3G start at $70, $10 more than the cheapest plan for the original iPhone. Sales of the iPhone 3G in the first 12 days after release, however, doubled those of the original launched a year ago, said AT&T.--Mark Walsh



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