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Profit flat at AT&T despite new subs

Telecoms company AT&T’s first quarter earnings were flat compared with the previous year, but its revenue grew 4% to more than 32 billion dollars as it added over a million new subscribers. http://www.nytimes.com/2014/04/23/technology/a-million-new-wireless-subscriptions-lift-att-revenue-but-profit-is-flat.html?ref=technology

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