AT&T Forecasts Earnings, Sales Growth Following DirecTV Deal
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AT&T Inc. forecast annual growth in profit and revenue through 2018 after buying DirecTV and two Mexican wireless companies.
Earnings per share excluding some items will be $2.62 to $2.68 this year, Dallas-based AT&T said Wednesday in a statement. Capital spending will be about $21 billion, including interest from airwaves assets, and free cash flow will be in the $13 billion range, the carrier said.