AT&T looks to APAC for growth

With recent boosts to its operations in India, Vietnam and other countries, AT&T has invested aggressively in Asia (the continent, not the band) and it looks like the effort is paying off. Through the Asia-Pacific region as a whole, AT&T officials say they are expecting revenue growth of at least 20 percent next year. Specific countries like India and China are at the top of the list of the money-makers, having grown by 40 percent and 30 percent respectively in 2006. That's got to be a nice departure from the lowering margins its home market offers, and soon, instead of describing domestic wireless and broadband as its top growth engines, maybe AT&T will be citing Asia-Pac. -Dan

For more:
- read this story in The Wall Street Journal