BellSouth Logs Record DSL Growth4/22/2004 6:36 AM Eastern
BellSouth Corp. added 156,000 digital-subscriber-line customers in the first quarter, easily surpassing its previous record of 126,000 in the fourth quarter of 2003.
The DSL growth helped what was a more sobering earnings picture. First-quarter revenue of $5 billion was down 1% from a year ago, but cost-cutting helped to produce net income of $1.6 billion compared with $1.23 billion in the year-earlier period.
Total access lines dropped 3.6% year-over-year.