|Bid||62.15 x 300|
|Ask||62.25 x 100|
|Day's Range||62.25 - 62.82|
|52 Week Range||44.29 - 68.88|
|PE Ratio (TTM)||32.03|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
AT&T kept losing phone and TV subscribers in its core U.S. market but enjoyed a more profitable second quarter, thanks to customers with bundled services.
AT&T Inc's quarterly profit topped Wall Street estimates on Tuesday as the No. 2 U.S. wireless carrier lowered operating costs and introduced new promotions bundling video with phone service that helped it compete in a fierce market for customers. AT&T is battling industry leader Verizon Communications Inc and smaller rivals Sprint Corp and T-Mobile US Inc for customers in a market where most people already have cell phones. AT&T, which is in the process of buying Time Warner Inc for $85.4 billion in an effort to turn itself into a media powerhouse, has sought to compete by bundling mobile service with video entertainment.
Earlier this month, The Wall Street Journal reported that DISH Network (DISH) and Amazon (AMZN) were in discussions for a wireless partnership.