HomeBusiness & MoneyAT&T's Subscriber Slowdown Slams Shares

AT&T’s Subscriber Slowdown Slams Shares




AT&T


revenue and earnings slipped in the first quarter from a year earlier, but the real news was a slowdown in subscriber growth for its postpaid phone plans.

Overall,


AT&T


(ticker: T) reported earnings of 60 cents per share after stripping out certain one-off expenses, slightly higher than the 58 cents predicted. Revenue of $30.1 billion was slightly lower than expectations of $30.2 billion. 



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