AT&T Revenue Up on BellSouth Acquisition
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AT&T a $2.2 billion increase in revenue, largely due to its 2006 acquisition of BellSouth.
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THE pounds 370m sale of AOL's UK internet access business to Carphone Warehouse in December has helped lift profits at US media giant Time Warner.
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Cingular Wireless, the No. 1 U.S.  mobile service provider, said on Thursday second-quarter net  income and revenue rose as it added new subscribers at a rate  that was better than expected.
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BellSouth Corp. on Monday said third-quarter earnings fell due to storm damage in its region and costs stemming from Cingular Wirelessâ planned $41 billion purchase of AT&amp;T Wireless Services Inc.. The No.
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Beginning next month, AT&T Inc. will raise the price of its most common broadband Internet services in many of the states where it operates, a company spokesman said Monday.
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BellSouth Corp. BLS.N said on  Wednesday its new labor contract had triggered a $3.3 billion  increase in its estimates of future retiree medical costs,  reducing fourth-quarter earnings by 3 cents to 4 cents a share.
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Alltel Corp.  on Tuesday posted better-than-expected profit and revenue as the rural wireless provider attracted new subscribers, and shares rose more than 2 percent in early trading.
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AT&T Inc  on Thursday posted stronger-than-expected wireless growth in the fourth quarter and reiterated its 2008 outlook, easing investor concerns that U.S. economic weakness would hurt its subscriber growth.
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AT&T announced yesterday that it posted a 41 percent increase in third-quarter profit, buoyed by record wireless revenue and savings from $140 billion in acquisitions.
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Sold a lot of iPhones in two days AT&amp;T is celebrating after posting another strong quarter - bringing in $29.5bn in revenues and making reported net profit of $2.9bn, up from $1.8bn last year on revenue of $15.8bn.â¦
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Rise in Q3 income bolstered by BellSouth acquisition and iPhone.
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The Federal Communications Commission is slated to approve the $67 billion purchase of BellSouth by telecom giant AT&T, formerly known as SBC. Shareholders approved the merger in July and expected government regulators to demand the combined company shed some assets.
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AT&T Inc  on Thursday posted  stronger-than-expected wireless growth in the fourth quarter  and reiterated its 2008 outlook, easing investor concerns that  U.S. economic weakness would hurt its profit.
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AT&T Corp., the No. 4 U.S. telephone company, said on Thursday its fourth-quarter earnings increased due to cost-cutting through job cuts and a tax benefit from the writedown of its assets.
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AT&T said today that its earnings jumped a better-than-expected 84 percent in the fourth quarter as it slashed costs and benefited from a write-down of assets.
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U.S. phone company Qwest Communications International Inc  on Tuesday reported an 89 percent rise in fourth-quarter profit, boosted by a benefit related to income tax.
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Cingular Wireless on Wednesday said record new subscribers drove revenue higher in the third quarter, but blamed a decline in operating profit on increased costs to gain customers and from its pending merger with AT&amp;T Wireless Services Inc.