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UPDATE 3-AT&T revenue disappoints as it loses cellphone subscribers

April 24, 2013

NEW YORK, April 23- AT&T Inc reported a net loss of cellphone subscribers in the first quarter as it lost market share to bigger rival Verizon Wireless, sending its shares down about 2 percent. As a result AT&T's revenue missed Wall Street expectations as its subscriber growth was driven by tablet computer users who pay lower monthly fees than phone users.

Source: http://www.cnbc.com/id/100666643
 
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