AT&T reported their 1st quarter earnings the other day, and it looks like Ma Bell has found her footing in the 21st Century:

AT&T reported first-quarter profits of $2.8 billion, an increase credited in part to mobile data service revenues generated by text messaging, web browsing and content downloads. AT&T's total wireless revenues grew 11.2 percent in the first quarter to $10 billion, with wireless data revenues increasing 66.8 percent over Q1 2006 to $1.5 billion. The former Cingular's wireless operations counted more than 33 million active data customers, up more than 30 percent over year-ago numbers, and delivered close to 230 million multimedia messages and 14 billion text messages.  (Via FierceMobileContent)

You can read AT&T's entire press release at their corporate site.