AT&T raises forecast for revenue, HBO Max as business recovers from pandemic

By Sheila Dang and Eva Mathews

Technology
Thursday, 22 Jul 2021
6:43 PM MYT

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FILE PHOTO Shoppers walk past an ATampT store at the King of Prussia Mall in King of Prussia Pennsylvania U.S. November 22 2019. REUTERSMark MakelaFile Photo

FILE PHOTO: Shoppers walk past an AT&T store at the King of Prussia Mall in King of Prussia, Pennsylvania, U.S. November 22, 2019. REUTERS/Mark Makela/File Photo

(Reuters) -AT&T Inc on Thursday raised its full-year financial forecast as the telecoms company emerged from the pandemic with more wireless and internet customers, and beat analyst estimates for phone subscribers and revenue in the second quarter.

The results come as AT&T is unwinding its expensive media investments to focus on its original business of providing phone and internet services.

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Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
HSI-PWHI	0.195	0.210	0.195	0.205	0.015	7.89	1,936,176
HSI-CWGX	0.250	0.250	0.230	0.230	-0.035	-13.21	1,730,445
HSI-CWGI	0.170	0.170	0.155	0.155	-0.030	-16.22	1,700,156
HSI-PWHV	0.180	0.200	0.175	0.185	0.010	5.71	1,400,245
HSI-CWGS	0.140	0.140	0.120	0.120	-0.025	-17.24	1,397,471
NEXG	0.515	0.530	0.515	0.525	0.010	1.94	996,383
FOCUS	0.010	0.010	0.005	0.010	0.000	0.00	868,755
ZETRIX	0.915	0.920	0.905	0.910	-0.005	-0.55	607,583
HSI-PWJF	0.140	0.150	0.140	0.145	0.005	3.57	490,787
TANCO	0.915	0.920	0.910	0.915	0.000	0.00	462,506
VELESTO	0.185	0.190	0.185	0.185	0.005	2.78	455,496
LCTITAN	0.700	0.730	0.675	0.695	-0.010	-1.42	381,126
ZETRIX-C9K	0.070	0.070	0.070	0.070	-0.080	-53.33	271,087
PHARMA	0.220	0.225	0.215	0.220	0.000	0.00	202,221
TENAGA	13.860	13.920	13.420	13.600	-0.340	-2.44	195,902

AT&T raises forecast for revenue, HBO Max as business recovers from pandemic

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