AT&T Revenue Declines
Company continuing to lose wireless phone subscribers
By
Anne Steele
Updated Jan. 25, 2017 5:28 p.m. ET
AT&T Inc. posted a revenue decline in the final quarter of the year as it continued to lose phone subscribers.
In the U.S., AT&T lost 67,000 mainstream wireless phone customers. While an improvement from the larger losses over the past two years, the business is still struggling. Phone additions are considered important because they provide more service revenue than tablets, and customers with postpaid phone accounts tend to...