AT&T Raises Full-Year Profit Outlook as Phone and Internet Customers Grow
AT&T raised its full-year profit outlook after adding postpaid phone subscribers in the third quarter and a record number of consumer and business internet customers.
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AT&T NYSE:T raised its annual adjusted profit forecast on Wednesday after beating quarterly revenue and profit estimates, betting on its service bundles to drive growth and help prevent customers from switching to rivals.About 43% of households signing up for AT&T's internet services also opt for i…
By Kelly CloonanAT&T boosted its full-year profit outlook after adding further subscribers for its postpaid phone service in the third quarter.The telecommunications company also added a record number of total consumer and business customers for its internet service in the quarter. The customer gai…