AT&T boosts 2014 revenue guidance

|About: AT&T Inc. (T)|By:, SA News Editor

The Project VIP network transformation plan is ahead of schedule, with AT&T's (T) 4G LTE network now covering 290M people and VIP's broadband build expected to have fiber to more than 400K new business customer locations by the end of Q2.

The company raises FY14 revenue growth guidance to 5% from 4%, and reaffirms guidance for stable consolidated margins, adjusted EPS at the low-end of the mid-single digit range, capital expenditures in the $21B area, and free cash flow around $11B.

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