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AT&T expects third-quarter to be hurt by hurricanes in U.S.

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AT&T expects third-quarter to be hurt by hurricanes in U.S.

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(Reuters) – AT&T Inc <T.N> said on Wednesday that hurricanes in the U.S. and earthquakes in Mexico have significantly affected the no. 2 U.S. wireless carrier’s third quarter results. The company said consolidated revenue in the third quarter was hurt by nearly $90 million and pre-tax earnings by around $210 million or $0.02 per share. (http://bit.ly/2ydgmfm) Dallas, Texas-based AT&T also said it lost about 90,000 U.S. video subscribers in the third quarter following damages from the hurricanes and earthquakes.

(Reporting by Laharee Chatterjee; Editing by Shounak Dasgupta)
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