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AT&T Inc. (T-N) reported a higher quarterly profit, driven by a more than 27-percent rise in wireless margins.
Net attributable income rose to $3.6 billion US, or 60 cents per share, from $3.4 billion, or 57 cents per share in the year-ago quarter. Consolidated revenue rose nearly 2 percent to $31.8 billion.
The No. 2 U.S. mobile provider added 187,000 subscribers in the quarter, compared with expectations for 193,000 from six analysts surveyed by Reuters.
Its bigger rival, Verizon Wireless, reported 501,000 net additions last week.