
AT&T reported Q1 revenues of $39.4 billion versus $40.5 billion in the year-ago quarter. The company cited record-low equipment sales in wireless for the revenue dip, but said it recorded its best-ever first-quarter postpaid phone churn of 0.90%
Compared with results for the first quarter of 2016, operating expenses were $32.5 billion versus $33.4 billion; operating income was $6.9 billion versus $7.1 billion; and operating income margin was...