AT&T reported that its revenues fell slightly year-on-year on a comparable basis to 40.9 billion US dollars in the third quarter. Service revenues in its wireless business slipped 0.7% to 15.1 billion dollars, while revenues in its entertainment group rose 1% on a comparable basis to 12.7 billion dollars. AT&T has announced it will buy pay TV group Time Warner for 85 billion dollars to help rekindle growth. Source: AT&T presentation
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