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Catmando
Catmando
Premium
join:2002-10-22
Montgomery, IL

Comcast Beats Back Telcos In Q2

For the quarter ended Dec. 31, 2007, AT&T's reported fourth-quarter revenues totaled $30.3 billion, up from $15.9 billion in the year-earlier quarter. AT&T's 2007 reported results reflect the Dec. 29, 2006 acquisition of BellSouth Corporation and the accompanying consolidation of wireless results. AT&T's reported net income for the fourth quarter totaled $3.1 billion, or $0.51 per diluted share, compared with $1.9 billion, or $0.50 per diluted share, in the year-earlier quarter.

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