AT&T Loses $6.7b in Fourth Quarter

AT&T

AT&T

While AT&T added over 700,000 new subscribers in the fourth quarter of last year, it still suffered tremendous losses. The company took a huge hit following its failed merger with T-Mobile. After a $4 billion break-up fee, AT&T ended up losing $6.7 billion last quarter. Read the full article at Reuters.com

Author:

Shelly Palmer

Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).