AT&T’s CFO Rick Lindner told Reuters that he thinks the U.S economy will improve during the second half of the year. However, he said he thought the rebound will be led by businesses, before consumers. Citing mortgage issues and the high price of oil, Lindner reportedly said he expects it will take a bit longer for consumers to work through the economic downturn.
Despite reports of a rebound, Linder said AT&T still hasn’t seen any sign of slowdown in its wireless business.
When asked about the highly anticipated 3G iPhone, Lindner told Reuters that the company has not yet announced any new product and has not determined pricing for a new version of the handset. He did say that the company has more than 2.5 million iPhone customers who spend, on average, more than $100 a month for service.