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% next year. Specific countries like India and China are at the top of the list of the money-makers, having grown by 40% and 30% respectively in 2006. That's got to be a nice departure from the lowering margins its home market offers. Sometime in the future, instead of describing domestic wireless and broadband as the its top growth engines, maybe AT&T will be citing Asia-Pac.
- read this story in The Wall Street Journal
- AT&T's U.S. neighbor Verizon also is moving into AsiaÂ