AT&T reports rise in revenue, wireless subscribers

Top US phone company AT&T reported a rise in third-quarter revenue and mobile phone subscribers despite a weaker U.S. economy, helped by the popularity of Apple's new iPhone. Revenue rose 4 percent to $31.3 billion. Net profit rose to $3.23 billion, or 55 cents a share, from $3.06 billion, or 50 cents a share, a year earlier.