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Our annual ranking of America's largest corporations

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10. AT&T
AT&T
Financials: Latest Results
Rank: 10 (Previous rank: 27)
Compare tool: AT&T vs. Top 10
CEO: Randall L. Stephenson
Address: 175 E. Houston St.
San Antonio, TX 78205
Phone: 210-821-4105
Website: www.att.com
The new AT&T, which jumps 17 spots on the Fortune 500, is the phoenix reborn from four different telecoms: the old AT&T, Cingular, BellSouth and SBC. That collective customer base sent sales skyrocketing 88%.

The new Ma Bell scored some high-tech street cred when it became the exclusive carrier offering Apple's iPhone. That deal helped it post a record quarterly increase of 2.7 million wireless subscribers in 2007's fourth quarter.

Revenues 118,928.0 88.6
Profits 11,951.0 62.5
Assets 275,644.0
Stockholders' equity 115,367.0
Market value (3/28/2008) 227,305.4
Revenues 10.0
Assets 4.3
Stockholders' equity 10.4
2007 $ 1.94
% change from 2006 2.6
1997-2007 annual growth rate % 9.3
2007 20.5
1997-2007 annual rate 4.6
1 AT&T 10 118,928.0
2 Verizon Communications 17 93,775.0
3 Sprint Nextel 58 40,146.0
4 Comcast 79 30,895.0
5 DirecTV Group 143 17,246.0
6 Qwest Communications 187 13,778.0
7 DISH Network 240 11,090.4
8 Liberty Global 292 9,003.3
9 Alltel 300 8,811.3
10 Virgin Media 313 8,152.5
11 Cablevision Systems 374 6,538.4
12 Embarq 381 6,365.0
13 Charter Communications 409 6,002.0
14 Telephone & Data Systems 478 4,829.0
15 Level 3 Communications 529 4,269.0
16 NII Holdings 624 3,296.3
17 Windstream 632 3,260.8
18 CenturyTel 739 2,656.2
19 Citizens Communications 818 2,288.0
20 MetroPCS Communications 828 2,235.7
21 IDT 887 2,030.6
22 Leap Wireless International 999 1,630.8
From the May 5, 2008 issue
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