AT&T revenue increases but subscriber growth misses estimates
NEW YORK Jan 28 (Reuters) - AT&T Inc reported higher quarterly revenue on Tuesday, but the No. 2 U.S. mobile provider's wireless subscriber growth fell short of Wall Street expectations.
It had fourth-quarter earnings of $6.9 billion, or $1.31 per share, compared with a loss of $3.86 billion, or 68 cents per share in the year-ago quarter when it had a massive actuarial charge. The latest quarter included a pension related gain.
Revenue rose to $33.16 billion from $32.58 billion.
- Gaza toll passes 100; Israel to counter rockets 'with all power' |
- Mexican train derails, stranding 1,300 migrants headed toward U.S.
- Ukraine says rebels will pay as missiles kill 23 soldiers |
- Texas mass murder suspect collapses in court as crime recounted
- British 'Harry Potter' actor David Legeno found dead in U.S. park