ATT revenue

New AT&T Phone Contracts Take a Dive

AT&T subscribers are still buying iPhones, but with Verizon now selling the phone too, it seems to have lost its power to draw new subscribers to AT&T. The company said it added only 62,000 net new subscribers on contract-based plans in the first quarter -- a record low.

AT&T Dials In a Strong Third Quarter for Sales

AT&T posted strong third-quarter sales on the back of iPhone 4 transactions, exceeding Wall Street's revenue expectations and hitting its mark for earnings. The telecom said it activated 5.2 million iPhones during the period, the most in a quarter yet.