AT&T on Thursday is expected to post stable quarterly results despite the severe recession, but the US giant could show pressure on profit margins from further declines in the traditional fixed-line market, notes Wall Street Journal. AT&T is projected to earn 52 cents a share on revenue of US$30.72 billion. A year earlier, the company earned 63 cents a share on US$30.87 billion in sales.
AT&T’s margins could be squeezed by fixed-line declines

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