Business

AT&T posts 4Q profit, higher revenue

By Barbara Ortutay
Published January 28, 2014 10:57pm ET
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AT&T posts 4Q profit, higher revenue
FILE - In this July 11, 2013 photo, a man uses a cell phone as he walks past an AT&T store in New York. AT&T reports quarterly earnings on Tuesday, Jan. 28, 2014. (AP Photo/Mark Lennihan, File) | Mark Lennihan

NEW YORK (AP) — AT&T posted stronger-than-expected earnings for the final quarter of 2013, helped by higher revenue from mobile and Internet service subscribers.

The nation’s biggest telecommunications company said Tuesday that it earned $6.9 billion, or $1.31 per share, in the October-December period. That’s up from a loss of $3.8 billion, or 68 cents per share, in the same period a year earlier.

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