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(Reuters) – AT & T has gained 46,000 net new mobile subscribers in the second quarter, while Wall Street has only expected 14,000, according to FactSet, showing that the second-largest mobile operator in the US is still to find growth in a saturated market
The US Department of Justice (DoJ) announced this month its intention to appeal the decision of a federal judge to authorize the acquisition of Time Warner by AT & T for $ 85.4 billion ($ 73.2 billion)
In the meantime, AT & T is incorporating the content it has bought back into new subscriptions to ensure its growth.
Its turnover, however, decreased by 2% to 38.99 billion dollars and falls short of consensus Thomson Reuters I / B / E / S which gave 39.39 billion.
The action loses 2% after-market
Net income, group share increased to 5.1 billion dollars, or 81 cents per share, against 3.92 billion (63 cents per share) a year ago.
On an adjusted basis, earnings per share is 91 cents, exceeding the consensus of 85 cents
(Pushkala Aripaka; Wilfrid Exbrayat for the French Service)
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