The battle between American telecom giants is in full swing! AT&T's Q2 revenue and profits beat expectations, with a surge in mobile phone users.

According to the Wisdom Financial APP, most of the financial indicators of AT&T (T.US) exceeded market expectations in the second quarter. Data released by AT&T on Wednesday showed that second-quarter revenue increased by 3.4% to $30.8 billion, better than the market's expected $30.4 billion; adjusted earnings per share were 54 cents, exceeding the market's expected 52 cents.