Apple Gives AT&T the Hot Hand

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Moritz Dispatch

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Oct 22, 2009, 9:13:54 AM10/22/09
to Moritz Dispatch
Scott Moritz
10/22/09 - 08:50 AM EDT

NEW YORK (TheStreet) -- The Apple iPhone continued to drive wireless
growth for AT&T, helping the telco post record subscriber growth for
the third quarter.

Ma Bell activated 3.2 million new iPhone customers in the quarter, and
netted a total of 2 million new mobile phone customers including 1.4
million post-paid contract customers.

The strength of the wireless business, with an 8% revenue increase,
helped offset the 7% sales decline in AT&T's wireline unit.


Click here for more on the haves and have nots in wireless:
http://www.thestreet.com/story/10615336/1/apples-iphone-puts-a-shine-on-att.html




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