Reuters
Wed, April 22, 2026 astatine 5:31 AM CDT 1 min read
April 22 (Reuters) - AT&T gained much wireless subscribers than expected successful the archetypal quarter, benefiting from customers opting for the telecom provider's packages bundling wireless and high-speed fibre services.
In a highly competitory market, web providers person extended instrumentality subsidies, added program discounts and accrued investments successful web infrastructure to pull and clasp customers.
About 42% of AT&T households that usage location net services besides opted for wireless plans - a convergence dynamic that analysts had flagged arsenic a key differentiator.
AT&T, similar rival T-Mobile, extended instrumentality subsidies into the archetypal 4th for Apple's latest iPhone models arsenic carriers competed aggressively to lure customers with lucrative offers.
The institution said connected Wednesday it added 294,000 nett monthly bill-paying wireless telephone subscribers successful the archetypal quarter, compared with additions of 272,000 expected by analysts polled by FactSet.
AT&T raised prices connected its lowest and highest wireless tiers to propulsion customers toward mid-range plans and assistance mean gross per user, portion easing marketplace fears of a terms war.
Analysts accidental the determination is aimed astatine nudging customers up the pricing curve alternatively than cutting prices to pursuit growth.
Total gross for the quarter grew astir 3% to $31.5 billion, compared with estimates of $31.25 billion, according to information compiled by LSEG.
Starting this quarter, AT&T is reorganizing its concern segments to item its core maturation areas.
The caller precocious connectivity segment, covering home 5G and fibre services, reported astir 5% maturation successful gross thanks to higher wireless device income volumes and interaction from the acquired wide markets fibre concern from Lumen.
(Reporting by Harshita Mary Varghese in Bengaluru; Editing by Anil D'Silva)

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