iPhone 3G Raking It In For AT&T, Too

AT&T posted their 3Q earnings earlier today. Not surprisingly, they reported strong gains from their wireless devision this quarter. AT&T saw 2.4 million iPhone 3G activations this quarter, with 40% of which were new to AT&T. As you can imagine, the company greatly values smartphone subscribers like iPhone owners due to the expensive data plans that have “significantly higher [average revenue per user] and lower churn than postpaid subscriber average.”

“I am particularly pleased with the customer response to the iPhone 3G,” said Randall Stephenson, AT&T chairman and chief executive officer. “The new customers we’re winning are high-value, with attractive revenue and churn profiles. We’re expanding the market, as users adopt more data and media-rich services and access a wide array of applications. These achievements are positive for the future of our business.”

[via MacRumors]

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