Cunning Fok’s raid on Orange hen-house: Hutchison linked with EUR1bn takeover

US telco AT&T has reported consolidated revenues of USD31.5 billion for the three months ended 30 September 2011, a decrease of 0.3% compared to the same period a year earlier, bringing to an end a hot streak which saw the telco achieve six consecutive quarters with a year-on-year revenue increase. Wireless sales accounted for the lion’s share of revenues in 3Q11, rising 2.8% to USD15.6 billion; wireless data revenues, including SMS, rose 18.0% year-on-year to USD5.6 billion [More]

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