AT&T had its lowest postpaid customer churn ever...

AT&T had its lowest postpaid customer churn ever in the second quarter, at 0.86 percent, it said Wednesday. The carrier also reported postpaid net adds of more than 1 million, the most in a quarter in nearly five years (http://soc.att.com/1pHpugE). Q2 consolidated revenue was $32.6 billion, up 1.6 percent over the year-earlier quarter. AT&T has about $6 billion cash on hand, headed into the AWS-3 auction, said John Stephens, AT&T chief financial officer. AT&T’s buy of DirecTV was approved without restrictions by Brazil’s antitrust regulator, he said. The carrier also completed the review process, without conditions, at the state level, which included Arizona, Hawaii and Louisiana, he said.