AT&T revenue, net subscribers beat Street
AT&T Inc's
The No. 2 U.S. mobile provider, which is seeking approval to buy T-Mobile USA for $39 billion, added 331,000 net subscribers in the quarter, compared with the average expectation for 91,000 from seven analysts contacted by Reuters.
Its net profit fell to $3.59 billion, or 60 cents per share, from $4 billion, or 67 cents per share, a year earlier. But excluding a Telmex Internacional
Revenue rose 2.2 percent to $31.5 billion, compared with Wall Street expectations for $31.3 billion, according to Thomson Reuters I/B/E/S.
Its shares were up 17 cents at $30.40 in premarket trading.
(Reporting by Sinead Carew; editing by Derek Caney)
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