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New arena at Will Rogers takes shape


The proposed Will Rogers Memorial Center arena continues to take shape as voters head for a Nov. 4 election to decide whether to approve new taxes to help pay for the $450 million facility.

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Cooking Class: Fort Worth chef brings home the gold

Toques off to Timothy Prefontaine. The executive chef at the iconic Fort Worth Club is currently the best in the nation, according to the American Culinary Federation. Prefontaine earned the title of 2014 U.S.A.’s Chef of the

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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for being unfaithful to his wife of 42 years.

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Fort Worth firm 'simplifies' advertising

Reaching customers requires more than price slashing and flashy ads. In today’s competitive marketplace, machines – not men and women – are essential to tapping new markets and

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Trinity Valley School leader to leave in May 2015

Gary Krahn, head of school for the past eight years at Trinity Valley School in Fort Worth, will leave his position in May 2015 when he and his wife Paula will move

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AT&T posts higher 3Q profit

 

BARBARA ORTUTAY, AP Technology Writer


NEW YORK (AP) — AT&T's third-quarter profit and revenue increased as the nation's largest telecommunications company added more smartphone and broadband subscribers.

AT&T Inc. said Wednesday that its net income was $3.81 billion, or 72 cents per share, in the July-September quarter, up 5 percent from $3.64 billion, or 63 cents per share, in the same period a year ago.

Adjusted earnings were 66 cents per share in the latest quarter.

AT&T says its revenue grew 2 percent to $32.16 billion from $31.46 billion.

Analysts, on average, had expected earnings of 65 cents per share on revenue of $32.18 billion according to FactSet.

Wireless revenue, which includes equipment sales, grew 5 percent to $17.5 billion. AT&T said it added nearly 1 million net wireless subscribers in the third quarter. It added 566,000 wireless devices to its contract-based plans, which are the most lucrative. Of these 178,000 were smartphones and the rest tablets, which carry lower monthly fees than phones. AT&T is the second-largest cellphone company in the U.S. after Verizon Wireless.

Churn, or the turnover rate for contract-based subscribers, was 1.07 percent during the quarter, down slightly from 1.08 percent a year ago but up from 1.02 percent in the second quarter of this year.

AT&T reported a 2 percent increase in operating expenses, to $26 billion from $25.4 billion. The company has been investing in technology to increase home broadband speeds.

Shares of the Dallas-based company slid 3 cents to $35.25 in after-hours trading. The stock had closed up 5 cents at $35.28.
 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?