The results are in for AT&T.

As expected, AT&T added 1.3 million new subscribers in Q2, for a total of
72.8 million subscribers.

As with other traditional phone companies, AT&T's wireline business was
hit hard, with a 2.6% decline in phone lines (60.4 million to 58.9
million). This was worse than the market expected, but the impact to
AT&T's overall profit margins was not as bad as expected, and AT&T shares
rose today.

As noted before, Verizon added 1.5 million subscribers in Q2, for a total
of 68.7 million subscribers.

The pending acquisition of Alltel will add 13 million subscribers to
Verizon, putting it ahead of AT&T, just as AT&T's acquisition of Dobson
Cellular One last year put AT&T ahead of Verizon.

-- Mark --

http://panda.com/mrc
Democracy is two wolves and a sheep deciding what to eat for lunch.
Liberty is a well-armed sheep contesting the vote.