As if getting exclusive rights to just about every new handset of not wasn’t enough, it seems that the company is also turning record profits. AT&T announced today that they pulled in a net income of $3.1 billion in Q3 this year, crushing the competition in their path. This amounts to a 42 percent increase over the same time frame last year. It’s a sizable change in which last year’s profits held firm at $2.2 billion. While much much of this progress is due to the company’s acquisition of Bell South, they also got more than a little help from a tiny and not-hyped product known as the iPhone.
AT&T doing "OK", reports 42 percent increase in income
Updated Dec 19th, 2018 5:54PM EST
If you buy through a BGR link, we may earn an affiliate commission, helping support our expert product labs.
Josh Karp followed his love of technology since a kid through to the present day. As a Special Correspondent at BGR, and part of the first editorial team, Josh covers press conferences, trade shows and other events around the world. An expert in all things mobile, Josh has more than eighteen years of experience covering the wireless industry.
