Home » Uncategorized » BellSouth expects revenue growth in 2006

BellSouth expects revenue growth in 2006

BellSouth is expecting their 2006 revenue to grow at about the rate that Wall Street Analysts expect. What is interesting, though, is where the revenues are coming from. In a trend reflected in phone companies across the continent, revenues from traditional phone service will be unchanged or even slightly down, but that will be more than offset by strength in the mobile phone sector.

The news is not worth getting too excited about if you are a shareholder, though. Overall growth in revenue is only expected to grow by about 2%. This is, in part, a result of the fact that BellSouth only has limited exposure to the mobile business. They are just 40% owners of Cingular Wireless in partnership with AT&T which owns the rest.

The traditional phone companies have had to scramble for new sources of revenue in the face of heavy competition from cable companies and mobile companies for their phone business. BellSouth looks towards their Cingular partnership and high-speed internet to make up for the shortfall. They are also looking at offering video services and VoIP in the future.

About T.O. Whenham

Check Also


Try Oculus Rift And Wii To Roam Around On The Back To The Future Hoverboard

Check out how you can fly in virtual space by using an Oculus Rift and a Wii Balance Board.


Amazon Appstore for Android Holiday Deals, Including Free Apps

There are tons of deals from the Amazon Appstore that will be offered starting now and throughout the holiday shopping season. They say that they will have "hundreds of titles that are eitehr free... or available between 50-90% off" the regular price.


Black Friday: Google Play Store Apps, Games and Content on Sale All Weekend

Case in point, if you head over to the Google Play Store right now, you'll find that Google is celebrating all Cyber Weekend with discounts on all sorts of content. This includes many popular apps and games


Black Friday Deal: Samsung Galaxy Tab 3 10.1-Inch for $100 Off

Did you manage to score any epic Black Friday deals this morning? Are you still ...


Arduino Co-Creator Releases Plans for $200 DIY Mobile Phone

Mellis was one of the people who came up with the now hugely popular Arduino platform and now he has come up with plans for people to build their own cell phone for about $200 in parts.


No Discounts for Apple Black Friday, Just Free Gift Cards

If you were hoping to save yourself some cash as you brave the Black Friday shopping crowds, you'll want to go somewhere other than the official Apple Stores.