Cingular Adds 2.4 Million New Customers

From Reuters:

    Cingular said it added 2.4 million new customers in the quarter, compared with an average estimate of 1.62 million from 10 analysts contacted by Reuters.
    Profit rose to $782 million from $204 million a year earlier. Revenue rose 10.2 percent to $9.8 billion.

Run! AT&T is taking over.

Cingular’s outlook is pretty rosy lately.We wonder how much of an effect the iPhone will have on drawing new customers? And if Cingular can keep all these new customers happy….—MEGHANN MARCO

Cingular quarterly profit surges on new customers [Reuters]