March 18, 2008 / 12:23 AM / 11 years ago

AT&T's to list on Microsoft sites

A screen grab of REUTERS/

NEW YORK (Reuters) - AT&T Inc said on Monday its directory will distribute its listings on Microsoft Corp’s local search sites, replacing Idearc Inc’s service.

AT&T shares firmed 0.66 percent to $35.26. Shares of Idearc, which operates Superpages, fell 11.26 percent $4.02 by late morning trade.

The agreement is due to take effect in early April, AT&T said. Terms of the deal were not disclosed.

AT&T said on Monday it expects revenues from and content advertising, including ads on its mobile phones as well as its U-Verse high-speed Internet and video services, to exceed $1.5 billion by 2010, up from around $600 million in 2007. (Reporting by Ritsuko Ando, editing by Dave Zimmerman)

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