ATLANTA—Cingular Wireless reported $3.5 billion in wireless revenues for the first quarter, a 6-percent increase from the $3.3 billion posted last year, and $372 million in earnings before taxes, an 8-percent increase from the $344 million reported during the first quarter of 2001.
The nation’s second-largest wireless operator said it added 234,000 net customers during the quarter, below many analysts’ expectations and a 73-percent drop from the 866,000 net adds reported last year. The company said the results were consistent with its recent subscriber addition trends during the previous two quarters and are in line with its focus on signing up a higher percentage of digital postpaid subscribers.
Average revenue per user increased slightly from $50.32 last year to $50.44 this year.
