AT&T sees fewer new customers in third quarter

The line outside an AT&T store in downtown SF was barely a line. Josh Lowensohn/CNET

NEW YORK The flow of customers into AT&T's (T) wireless stores slowed further in the latest quarter, putting the company far behind rival Verizon Wireless.

AT&T's quarterly net income was $3.64 billion, or 63 cents per share. That's flat with $3.62 billion, or 61 cents per share, a year earlier.

For the latest quarter, analysts expected earnings of 60 cents per share.

Revenue was also flat with last year at $31.5 billion - analysts expected $31.57 billion.

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