July 24, 2018 / 8:20 PM / in 4 months

AT&T subscriber growth beats estimates

July 24 (Reuters) - AT&T Inc added a net 46,000 postpaid mobile phone subscribers in the second quarter, beating Wall Street estimates as the No. 2 U.S. wireless carrier ground out some growth in a saturated market.

Analysts on average were expecting net adds of 14,000, according to financial and data analytics firm FactSet.

Net income attributable to the company rose to $5.1 billion, or 81 cents per share, in the quarter ended June 30 from $3.92 billion, or 63 cents per share, a year earlier.

Total operating revenue fell to $38.99 billion from $39.84 billion. (Reporting by Pushkala Aripaka in Bengaluru; Editing by Anil D’Silva)

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