Beijing time January 28 Evening News, according to foreign media reports, At&t Thursday released the fourth quarter of 2009 earnings. AT&T's net profit for the fourth quarter was $3.09 billion trillion last year, in line with analysts ' expectations. The results showed that At&t's fourth-quarter profit grew 25.6% per cent year-on-year, thanks to significant cost-cutting and the addition of 2.7 million mobile users. AT&T's net profit for the quarter was $3.09 billion, or 51 cents a share, compared with a 2008-year net profit of $2.4 billion, or 41 cents per share. In the fourth quarter of 2009, at&t revenue fell 0.7% per cent to $30.86 billion a year. This is mainly due to the decline in At&t's traditional local telephone service sales. According to FactSet Research, analysts were expected to at&t the quarterly revenue of 30.87 billion U.S. dollars, earning 51 cents per share. Data show that in the fourth quarter of last year, At&t sold 8.7 million iphones, doubling year-on-year. At&t also acquired the smaller mobile operator Centennial Communications in the quarter, gaining 879,000 subscribers and extending the network to Puerto Rico and rural areas in the Midwest and South-east of the United States. (D-Gold)
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