Posted in company, funds, sectors, tickers

AT&T’s Profit Up Sequentially

AT&T Inc (T) dropped 0.6% to $40.15 in five days to Wednesday 11:35 a.m.  The company lost 191,000 postpaid subscribers, who had paid bills monthly in the U.S., on a net basis.

To diversify operations, AT&T is buying Time Warner Inc by end of 2017, to control cable channels like HBO and CNN as well as filming studio Warner Bros.

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