Reginal Thomas
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AT&T Raises Its Full Year Forecasts For The Second Time

AT&T Inc. has raised its forecast of the full year for a second time, because of strong growth in its equipment installment plan even as its service revenue continues to stall. The number 2 telecom service provider in the U.S. expects full year revenue to increase 5%, compared to its 4% forecast before. Shares of the company are up 0.3% to $35.55.