Profits & Losses: April 2008 Archives

AT&T announced that it delivered strong wireless growth in the first quarter, reflecting the company's high-quality network, innovative services, attractive handset selection, extensive sales reach and continued improvements in operations.

First-quarter 2008 results included:

• Accelerated Wireless Revenue Growth -Total wireless revenues increased 18.3 percent versus the year-earlier first quarter to $11.8 billion


• Wireless service revenues, which exclude handset and accessory sales, grew 17.1 percent to $10.6 billion.


• Revenue growth was driven by strong subscriber gains and continued improvement in ARPU (average monthly revenues per subscriber).


• AT&T has now posted seven consecutive quarters of year-over-year growth in wireless service ARPU, which was $50.18 in the first quarter, up 2.0 percent versus the year-earlier first quarter. Retail postpaid subscriber ARPU growth was even stronger, up approximately 5 percent.