Breaking Down AT&T's Second-Quarter Earnings

AT&T reported strong financial results, surpassing analyst expectations in revenue and EPS. The company completed its acquisition of Time Warner, marking a significant strategic move. AT&T is focusing on building its digital ad business through the acquisition of Appnexus. Despite a positive forecast, the market remains cautious due to the integration of Time Warner and the need for pro forma financials. The core business of AT&T, including wireless and TV services, remains stable with a less aggressive promotional environment compared to previous years.

What was AT&T's reported revenue for the second quarter?

How does AT&T's acquisition of Time Warner fit into its overall strategy?

What is the significance of Appnexus for AT&T's business?

What challenges does AT&T face regarding its financial forecasts?

How does the current promotional environment in wireless services compare to last year?