InternetData Demand Fuels AT&T Earnings

Carrier posts 4.7 percent revenue increase amid increasing wireless data competition.

Source: Reuters Despite persistent concerns about macroeconomic conditions and brutal competition among wireless players, AT&T posted double-digit revenue growth for its second-quarter financials. Data services demands were a key factor in the growth. The carrier also reported more than a million new subscribers and a 4.7 increase in revenue overall compared with the first quarter of 2008. Consolidated revenues for AT&T totaled $30.9 billion, a 4.7 hike over the first quarter's increase of 3.6 percent. A 15.8 percent spike in wireless revenues for the second quarter was tied to a 52.0 percent jump in data revenues, according to the carrier. AT&T also added 1.3 million new subscribers in the second quarter and now has a 1.1 customer churn rate, which AT&T (NYSE: T) said is the lowest in company history. RELATED ARTICLES Woz to Get in Line for iPhone 3G Rough Launch for iPhone 3G AT&T to Sell Apple iPhone Sans Contract Data Demand, Wireless Services Fuel AT&T Revenue It's All About Wireless Data for AT&T Software Drives the iPhone 3G For more stories on this topic: The company cited 16.1 percent growth in wireline IP data revenues, which AT&T said was driven by strong increases in consumer video and broadband revenues and in business services such as virtual private networks, managed Internet services and hosting. These financials are in stark contrast to continuing reports of difficulties in the... [ Read more on www.internetnews.com ]

InternetSybase iPhone Support for Notes, Exchange

Offers enterprises a more 'seamless' transition to wireless application support for the hot-selling iPhone.

InternetTop online, Windows exec to depart Microsoft (AP)

AP - Microsoft Corp. on Wednesday said the executive in charge of its Windows and Web operations is leaving the company.