AT&T Inc. Technology | Telecom Services - Domestic | USA AT&T Inc. provides telecommunications and digital entertainment services. The company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility, and International. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, wireless equipment, and other services to business, governmental, and wholesale customers, as well as individual subscribers. The Entertainment Group segment provides video entertainment and audio programming channels to approximately 25.3 million subscribers; broadband and Internet services to 12.9 million residential subscribers; local and long-distance voice services to residential customers, as well as DSL Internet access services; and voice services over IP-based technology, and technical support and other customer service functions and equipment. The Consumer Mobility segment offers wireless services to consumers, and wireless wholesale and resale subscribers, such as long-distance and roaming services. This segment provides postpaid and prepaid wireless voice and data communications services; consulting, advertising, and application and co-location services; and sells a variety of handsets, wirelessly enabled computers, and personal computer wireless data cards through company-owned stores, agents, or third-party retail stores, as well as accessories, such as carrying cases, hands-free devices, and other items. The International segment offers digital television services, including local and international digital-quality video entertainment and audio programming under the DIRECTV and SKY brands throughout Latin America. This segment also provides postpaid and prepaid wireless services to approximately 12.0 million subscribers under the AT&T and Unefon brands; and sells a range of handsets. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was founded in 1983 and is based in Dallas, Texas.
AT&T shares rise more than 2% as company beats earnings expectations Shares of AT&T T, -0.03% rose late Tuesday after the telecommunications company reported earnings above Wall Street expectations and sales in line with forecast. AT&T said it earned $3.9 billion, or 63 cents a share, in the second quarter, compared with $3.4 billion, or 55 cents a share, in the year-ago quarter. Adjusted for one-time items, the company earned 79 cents a share, compared with 72 cents a share a year ago. Sales fell to $39.8 billion, from $40.5 billion in the year-ago quarter, "primarily due to declines in legacy wireline services and consumer mobility," the company said in a statement. Analysts polled by FactSet had expected adjusted per-share earnings of 73 cents a share on sales of $39.8 billion. The shares ended the regular session down less than 0.1%.
