AT&T Falls Short Of Revenue Estimates, Sees Record Low Churn

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AT&T Logo CES 2014
AT&T announced its new Sponsored Data program at 2014 International CES, a move which worries net neutrality advocates

(Reuters) - AT&T Inc said on Wednesday its quarterly revenue rose, but slightly less than Wall Street forecasts, as a popular offering to bill customers for devices separately from their wireless plans drew in the most contract subscribers in five years.
 
The No. 2 U.S. mobile provider earned $3.6 billion, or 68 cents per share, in the second quarter, compared with $3.8 billion, or 71 cents per share, in the year-ago quarter.
 
Revenue rose to $32.6 billion from $32.1 billion in the year-ago quarter.
 

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