FILE PHOTO: The AT&T logo on the photos on top of a building in Los Angeles, California, USA, August 10, 2017. REUTERS/Mike Blake
(Reuters) – AT&T Inc. said on Wednesday, the weakness in the wireless-equipment unit, it would weigh on its third-quarter revenue.
Low upgrade rates to include the loss of the wlan equipment sales, AT&T said.
The company also said that it expects the current quarter revenues to the WarnerMedia unit is to be covered by the $ 400 million from a year earlier, mainly thanks to a strong second half of last year, when Warner Bros.
AT&T forecasts are a premium TELEVISION subscriber trends to improve in the year 2020, as expected, far fewer customers on promotional rates and is the nationwide launch of AT&T’s TV.
Report by Bharath Manjesh, Bengaluru; Editing by Maju Samuel