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AT&T revenue rises less than expected

22/10/2014 - 21:15

WASHINGTON (Reuters) - AT&T Inc said on Wednesday its quarterly revenue rose but by less than Wall Street forecasts despite the company reporting a record low number of customers leaving the carrier.

The No. 2 U.S. mobile provider earned $3 billion, or 58 cents per share, in the third quarter, compared with $3.8 billion, or 72 cents per share, in the year-ago quarter.

Revenue rose 2.5 percent to $33 billion from $32.2 billion in the year-ago quarter.

(Reporting by Marina Lopes; Editing by Chris Reese)