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AT&T, Inc. (NYSE:T): Current Price: $33.89
UBS believes that AT&T will see net postpaid subscriber additions totaling 750,000 during Q4, which is only slightly up from Q4 of 2011′s 717,000. This slowing of new subscribers suggests that it is necessary for AT&T to gain additional revenue from existing ones, which was previously driven by users upgrading to smartphones and more expensive plans. However, since more users are owning smartphones, not as much incremental revenue is available.
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