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AT&T sees weakness in wireless gear unit weighing on third-quarter revenue

Business

AT&T Inc said on Wednesday weakness in its wireless equipment unit could weigh on its third-quarter revenue.

FILE PHOTO: The AT&T logo is pictures on a building in Los Angeles, California, U.S. August 10, 2017. REUTERS/Mike Blake

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REUTERS: AT&T Inc said on Wednesday weakness in its wireless equipment unit could weigh on its third-quarter revenue.

Low upgrade rates are hurting its wireless equipment revenue, AT&T said.

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The company also said it expects current-quarter revenue at its WarnerMedia unit to fall by US$400 million from a yea

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