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AT&T tops 3Q profit expectations, misses revenue forecasts
2015-10-23 14:24:15| Telecom - Topix.net
On a per-share basis, the Dallas-based company said it had profit of 50 cents. Earnings, adjusted for amortization costs and non-recurring costs, came to 74 cents per share.
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AT&T raises FY outlook as DirecTV boosts results
2015-10-23 07:53:00| Telecompaper Headlines
(Telecompaper) AT&T reported third-quarter revenues up nearly 19 percent year-on-year to USD 39.1 billion, driven by its acquisition of DirecTV. Adjusted operating profit rose to USD 7.9 billion versus USD 5.9 billion a year ago, and the margin rose 250 basis points to 20.3 percent. One-time costs for the takeover and decommissioning of the former Leap network led to a drop in earnings, to USD 0.50 per share from USD 0.60 a year ago. Adjusted EPS, excluding the extra costs, rose almost 14 percent to USD 0.74. AT&T raised its outlook for full-year adjusted EPS to USD 2.68-2.74 and also increased its free cash flow target to at least USD 15 billion, after generating USD 5.5 billion in Q3 alone.
Tags: results
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AT&T raises outlook after DirecTV boosts Q3 revenue
2015-10-23 02:00:00| Total Telecom industry news
U.S. telco's results reveal majority of mobile growth driven by business division.
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AT&T To Carry The Kyocera DuraForce XD
2015-10-19 18:44:24| Telecom - Topix.net
With a massive 5.7" screen and military-grade durability2, the DuraForce XD is the first phablet to join AT&T's industry-leading lineup of rugged devices. It supports AT&T's Enhanced Push-to-Talk3 and is built to withstand dust, water, drops and more2.
AT&T, Verizon Plot Different Strategies for Video
2015-10-18 10:28:54| Telecom - Topix.net
Investors will get fresh insight into old telecom's new media strategies when Verizon Communications Inc. and AT&T Inc. report quarterly results this week.
Tags: video
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