AT&T wireline rises 2.4% with strong gains in next-gen consumer, business services

FierceTelecom (Apr 24 2012)

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   The saving grace for AT&T's (NYSE: T) wireline unit in Q1 2012 continues to be its IP-based consumer U-verse service and next-gen businesses services, the company's Tuesday morning report shows. Click here for selected slides from AT&T's investor presentation. AT&T's wireline operating income was $1.8 billion, up 2.4 percent over Q1 2011, yet down 1.2 percent from Q4 2011. Likewise, total Q1 wireline revenues were $14.9 billion, down 0.8 percent versus the same period in 2011 and down slightly sequentially. However, AT&T said that "improved consumer and ...

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