BNN Mobile BNN Mobile TV BNN Live Video Stream Newsletter Contact Us

App Central Berman's Call BTV - Business Television Business Day Car Business Commodities C-Suite Survey ETF Update GetConnected Headline Market Call

Market Call Tonight Market Sense MoneyTalk The Business News The Close The Learning Curve The Pitch The Street Undercover Boss Weekly with Andrew McCreath

Future of Keystone XL Agrium Proxy Battle Federal Budget 2013 Your Money Month PDAC 2013 BNN Book Club Passion Capitalist Financial Glossary Bell Let's Talk Talking Tax C-Suite Survey SNC-Lavalin Annual Meeting

Are you looking for a stock?

Try one of these

View more results

AT&T profit rises on higher margins

Reuters
8:40 AM, E.T. | April 24, 2012
Technology

Follow this

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.

DISLIKE

COMMENTS