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AT&T Inc

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  • WASHINGTON, Oct 22- AT&T Inc on Wednesday reported a rise in quarterly revenue, but the increase was less than Wall Street expected as a wave of subscribers plugged into the network using pre-purchased devices. "People look at this and say,' Oh, I can do with my phone a little bit longer," said Roger Entner, analyst at Recon Analytics in Boston. Earlier on Wednesday, the U.S....

  • WASHINGTON, Oct 22- AT&T Inc said on Wednesday its quarterly revenue rose but by less than Wall Street anticipated as a wave of subscribers plugged into the network using pre-purchased devices. AT&T shares fell 1.5 percent to $34 in extended trade after closing at $34.50 on the New York Stock Exchange. The No. 2 U.S. mobile provider said on Wednesday that excluding...

  • Final Glance: Telecom companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    NEW YORK— Shares of some top telecom companies were down at the close of trading:. AT&T Inc. fell$. 12 or. 3 percent, to $34.50. Verizon Communications Inc. fell$. 38 or. 8 percent, to $48.31.

  • Tablets, cars drive AT&T wireless gains_not phones Wednesday, 22 Oct 2014 | 4:50 PM ET

    Also, AT&T is trying to wean customers off equipment subsidies and shift them toward installment plans in which they ultimately pay full price for a phone— $650 for an iPhone 6, for instance, compared with $200 under subsidy pricing. That shift means it books less service revenue in the short term, as the company offers monthly discounts of $15 or $25 per phone.

  • AT&T misses Street 3Q forecasts Wednesday, 22 Oct 2014 | 4:39 PM ET

    DALLAS _ AT&T Inc. on Wednesday reported earnings of $3 billion in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share. Analysts expected $33.25 billion, according to Zacks.

  • UPDATE 1-AT&T revenue rises less than expected Wednesday, 22 Oct 2014 | 4:32 PM ET

    WASHINGTON, Oct 22- AT&T Inc said on Wednesday its quarterly revenue rose but by less than wall street anticipated as a wave of subscribers signed up for equipment financing plans that charge lower service fees. AT&T shares fell 0.9 percent to $33.75 after closing at $34.50 on the New York Stock Exchange. The No. 2 U.S. mobile provider said on Wednesday that...

  • CORRECTED-AT&T revenue rises less than expected Wednesday, 22 Oct 2014 | 4:20 PM ET

    WASHINGTON, Oct 22- AT&T Inc said on Wednesday its quarterly revenue rose, but by less than Wall Street forecasts, despite the company reporting a record low number of customers leaving the carrier. The No. 2 U.S. mobile provider earned $3 billion, or 58 cents per share, in the third quarter, compared with $3.8 billion, or 72 cents per share, in the year-ago quarter.

  • T-Mobile revenue rises less than expected Wednesday, 22 Oct 2014 | 4:10 PM ET

    WASHINGTON, Oct 22- AT&T Inc said on Wednesday its quarterly revenue rose but by less than Wall Street forecasts despite the company reporting a record low number of customers leaving the carrier. The No. 2 U.S. mobile provider earned $3 billion, or 58 cents per share, in the third quarter, compared with $3.8 billion, or 72 cents per share, in the year-ago quarter.

  • AT&T reports EPS and revenue miss     Wednesday, 22 Oct 2014 | 4:05 PM ET

    AT&T is reporting EPS miss of $0.63 adjusted on revenue miss of $32.96 billion, with CNBC's Morgan Brennan.

  • Midday Glance: Telecom companies Wednesday, 22 Oct 2014 | 1:18 PM ET

    NEW YORK— Shares of some top telecom companies are down at 1 p.m.:. AT&T Inc. fell$. 06 or. 2 percent, to $34.57. Verizon Communications Inc. fell$. 19 or. 4 percent, to $48.50.

  • Early Glance: Telecom companies Wednesday, 22 Oct 2014 | 10:36 AM ET

    NEW YORK— Shares of some top telecom companies are down at 10 a.m.:. AT&T Inc. fell$. 01 or percent, to $34.61. Verizon Communications Inc. fell$. 21 or. 4 percent, to $48.48.

  • Earnings set to drive markets again Wednesday, 22 Oct 2014 | 5:55 AM ET
    Traders on the floor of the New York Stock Exchange.

    Earnings news will take center stage Wednesday after another day of strong stock market gains cemented the view that the worst is over.

  • Earnings set to take markets' center stage Tuesday, 21 Oct 2014 | 7:29 PM ET
    Traders on the floor of the New York Stock Exchange.

    Earnings news will take center stage Wednesday after another day of strong stock market gains cemented the view that the worst is over.

  • Final Glance: Telecom companies Tuesday, 21 Oct 2014 | 6:02 PM ET

    NEW YORK— Shares of some top telecom companies were up at the close of trading:. AT&T Inc. rose$. 34 or 1.0 percent, to $34.62. Verizon Communications Inc. rose$. 21 or. 4 percent, to $48.69.

  • Midday Glance: Telecom companies Tuesday, 21 Oct 2014 | 1:43 PM ET

    NEW YORK— Shares of some top telecom companies are up at 1 p.m.:. AT&T Inc. rose$. 12 or. 4 percent, to $34.40. Verizon Communications Inc. rose$. 06 or. 1 percent, to $48.54.

  • Business events scheduled for Wednesday Tuesday, 21 Oct 2014 | 12:43 PM ET

    WASHINGTON— Labor Department releases Consumer Price Index for September, 8:30 a.m. Eastern time. Boeing Co. reports quarterly financial results before the market opens. AT&T Inc. reports quarterly financial results after the market closes.

  • Early Glance: Telecom companies Tuesday, 21 Oct 2014 | 11:56 AM ET

    NEW YORK— Shares of some top telecom companies are down at 10 a.m.:. AT&T Inc. fell$. 10 or. 3 percent, to $34.19. Verizon Communications Inc. fell$. 10 or. 2 percent, to $48.38.

  • Final Glance: Telecom companies Monday, 20 Oct 2014 | 6:05 PM ET

    NEW YORK— Shares of some top telecom companies were up at the close of trading:. AT&T Inc. rose$. 20 or. 6 percent, to $34.28. Verizon Communications Inc. rose$. 41 or. 9 percent, to $48.48.

  • Not so fast cordcutters_cable's not going anywhere Monday, 20 Oct 2014 | 1:51 PM ET

    NEW YORK— Cord cutters rejoiced last week after HBO and CBS announced plans to sell stand-alone streaming services, a move that cable and satellite television providers have resisted for years. Get Netflix, throw in HBO, add a network here and there— why would anyone sign up now for cable? And smooth streaming costs money: to avoid so-called "throttling" during peak...

  • Midday Glance: Telecom companies Monday, 20 Oct 2014 | 1:23 PM ET

    NEW YORK— Shares of some top telecom companies are up at 1 p.m.:. AT&T Inc. rose$. 01 or percent, to $34.10. Verizon Communications Inc. rose$. 07 or. 1 percent, to $48.14.