AT&T’s profits during the first quarter have beat expectations with the help in part by higher spending on wireless data by its customers, and new net adds lured by the iPhone, which AT&T carries exclusively. The carrier said it activated 1.6 million iPhones in the first quarter, of which more than 40 percent, or 640,000, were new to the network. That means of the 1.2 million net adds to the carrier, a majority of them, or 53 percent came for the iPhone.
AT&T’s profits during the first quarter have beat expectations with
