SAN ANTONIO-SBC Communications Inc. said its wireless business added 305,000 net wireless subscribers during the second quarter, including 167,000 personal communications services subscribers in California and Nevada.
SBC has a base of 8.3 million wireless customers. The company said 45 percent of its wireless minutes are now digital.
Overall, SBC reported revenues of $7.4 billion, up 5 percent from revenues of $7 billion during the second quarter of last year. Net income for the quarter totaled $1.2 billion, or 59 cents per share, compared with net income of $1 billion, or 51 cents per share, for the same period last year.
During the quarter, SBC entered an agreement to acquire Cellular Communications of Puerto Rico and Comcast Cellular. The transactions will add more than 1 million subscribers to SBC’s customer base.
The company also is in the process of acquiring Ameritech.
