No. 2 U.S. wireless carrier added fewer customers than a year ago due to stiffer competition
Reuters
(Reuters) - AT&T Inc, the No. 2 U.S. wireless carrier, said fourth-quarter revenue grew less than expected as it added fewer mainstream wireless customers than a year ago due to stiffer competition from rivals.
The company's stock fell about 2 percent.
AT&T had 526,000 net new postpaid customers, down 38.4 percent from 854,000 a year earlier. For its prepaid service, the company had 469,000 net new customers, it said on Tuesday.
