Home Page : Archive News : January 2012 News : AT&T Misses Profit Target, but Beats on Revenue

AT&T Misses Profit Target, but Beats on Revenue

January 26, 2012

AT&T posted a $6.7 billion quarterly loss due to a hefty break-up fee for its failed T-Mobile USA merger and other charges on top of costly subsidies for smartphones such as Apple's popular iPhone.

Source: http://www.cnbc.com/id/46135419?__source=RSS*tag*&par=RSS
 
Related Updates