India, July 23 -- Telecom giant AT&T, Inc. on Wednesday reported higher second-quarter profit and revenues, both above market estimates. Further, the firm maintained its fiscal 2025 adjusted earnings outlook, in line or below market, as well as long-term financial outlook.
In the pre-market activity on the NYSE, AT&T shares were losing around 3.7 percent to trade at $26.38.
John Stankey, AT&T Chairman and CEO, said, "The milestones achieved this quarter - from passing more than 30 million customer locations with fiber and eclipsing 1 million total AT&T Internet Air customers, to our agreement to acquire substantially all of Lumen's Mass Markets fiber business - strengthen the industry's best and leading connectivity portfolio."
Looking a...