AT&T revenue rises 18.6 percent on DirecTV acquisition

Reuters News
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Posted: Oct 22, 2015 4:16 PM

(Reuters) - AT&T Inc <T.N>, long the No. 2 U.S. wireless carrier and since July the world's biggest pay-TV operator, reported an 18.6 percent rise in quarterly revenue, helped by its DirecTV acquisition and as it added more prepaid mobile subscribers.

Net income attributable to the company fell to $3.0 billion, or 50 cents per share, in the third quarter ended Sept. 30, from $3.13 billion, or 60 cents per share, a year earlier.

The company, reporting its first earnings since completing its $48 billion acquisition of satellite TV operator DirecTV, said total operating revenue rose to $39.1 billion from $33.0 billion.

(Reporting by Kshitiz Goliya and Sudarshan Varadhan in Bengaluru; Editing by Ted Kerr and Sriraj Kalluvila)