AT & T sees strong Q2

Strong growth in wireless and broadband pushed AT&T’s quarterly profits, the company announced on Tuesday.

The firm’s earnings, including its 60 per cent stake in Cingular Wireless, were up 35 per cent from a year earlier to 53 cents a share.

AT&T said in a statement that strong subscriber growth from Cingular, boosted earnings. AT&T owns 60 per cent of Cingular.

Today’s results mark AT&T’s fifth consecutive quarter of double-digit growth in earnings per share before merger-related costs.

Edward E. Whitacre Jr., AT&T chairman and chief executive officer said: “We delivered another strong quarter, with excellent growth in both earnings and cash flow.”


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