Dobson exceeds expectations in Q2

Rural carrier Dobson Communications posted a better-than-expected Q2 profit, thanks to strong service revenue growth. AT&T recently announced it would acquire Dobson in a deal worth $5.1 billion. The rural's net income for the quarter was $16.1 million, up from a loss of $8.4 million during the same quarter last year. Revenue was $360.2 million, up 15 percent from $312.1 million in Q2 2006. Analysts were expecting revenue of $345.4 million, according to Thomson Financial.

The carrier said results for the first two quarters exceeded original targets, but the company has suspended guidance since its acquisition by AT&T is pending.

For more on Dobson's quarter:
- read this press release

Suggested Articles

It looks as though the T-Mobile/Sprint merger could cross the finish line as early as tomorrow.

In addition to the field employees who are working to maintain broadband connections, Verizon is also offering pay increases to retail employees.

The order sets a deadline of June 30, 2021.