AT&T nets 1.5M subscribers in Q2

AT&T's wireless unit has posted its second quarter results, which include a net gain of 1.5 million wireless subscribers (partially thanks to the iPhone) to reach 63.7 million. "Mobility is a major growth engine for AT&T," AT&T CEO Randall Stephenson said. "Our launch with Apple of the breakthrough iPhone [1] has quickly redefined customer expectations for their wireless experience, initial response was unprecedented, and sales in July continue to be strong. On June 29, we also announced an agreement to acquire Dobson Communications, which will further expand our wireless coverage in key rural and suburban areas." Here are some other key metrics from the quarter:

• The June 29 iPhone launch allowed for less than two days of sales and activations before the end of the quarter, but AT&T activated 146,000 iPhone subscribers during those two days.
• Total service ARPU in the second quarter was $50.63, up 3.6 percent.
• Total churn, including prepaid and reseller results, was 1.6 percent, down from 1.7 percent in the year-earlier quarter.

For more on AT&T's Q2:
- read this press release [2]