Interested in learning what's next for the gaming industry? Join gaming executives to discuss emerging parts of the industry this October at GamesBeat Summit Next. Learn more.

There’s lots of good news for AT&T today. The carrier is reporting strong earnings with major growth in its wireless business, as well as the fact that it has sold over 1 million iPhone 4S units as of last Tuesday.

Revenues totaled $31.5 billion for the third-quarter, down $103 million (.3 percent) from last year, but that slight dip was buoyed by plenty of growth: The company finally surpassed 100 million wireless subscribers, wireless churn (or users leaving AT&T) is down, and wireless data revenues increased by $857 million, 18 percent compared to last year.

The announcement of 1 million iPhone 4S activations is just the icing on the cake — although it doesn’t come as a huge surprise, since Apple announced that it had sold 4 million units of the phone over its launch weekend. I had figured that, as the premiere iPhone carrier in the US, AT&T accounted for a big chunk of those launch sales.

The company gained 2.1 million new wireless subscribers during the quarter, reaching a total of 100.7 million. AT&T points to increased sales in several segments, including smartphones, tablets, prepaid, and other connected devices, as a reason for the growth.

AT&T also announced that its sales of non-iPhone smartphones — including Android, Windows Phone, and others — are going strong, accounting for half of its 4.8 million smartphones sold in the quarter. Additionally, “branded computing subscribers”, which includes customers with AT&T tablets, MiFi devices, tethering plans, and the like, increased by 505,000 to hit 4.5 million.

The company reported a slight drop in its wireline revenues — including those from its U-Verse TV, phone, and internet services — reaching $9.3 billion for the quarter, a 2.7 drop compared to last year. AT&T blames “economic weakness in voice and legacy data products” for the fall — in other words, landline phones and slower DSL service. But it still managed to grab 504,000 more subscribers for its U-Verse home broadband, reaching a total of 4.6 million subscribers.

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn more about membership.