New York  -  US telecoms giant AT&T reported Tuesday that it achieved net income of 3.5 billion dollars in the first quarter of 2008, surging nearly 21.5 per cent from the previous-year period thanks to strong wireless business.

The earnings came on revenues of 30.7 billion dollars, up 6 per cent year-on-year, the San Antonio, Texas-based company said.

AT&T chairman and CEO Randall Stephenson commented, "We delivered an excellent first quarter and a solid start to the year" and said the company was sticking to its full-year growth projections.

Among various operations, AT&T said its total wireless revenues rose by 18.3 per cent to 11.8 billion dollars, while wireless service revenues gained 17.1 per cent to 10.6 billion dollars. The company said revenue growth was driven by strong subscriber gains and continued improvement in average revenues per subsriber.

Broadband business operations also posted double-digit gains, rising 13.2 per cent to 1.4 billion dollars, AT&T said. (dpa)