AT&T Extends Winning Streak on Mobile Subscriber Gains
- Severe weather and a worker strike affected broadband adds
- Sales stymied by lower phone upgrades after lackluster iPhone
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AT&T Inc. gained more mobile subscribers in the third quarter than analysts expected, continuing the winning streak from the previous period.
The company added 403,000 net new monthly wireless phone subscribers, outpacing analysts’ projected gains of 394,600, according to data compiled by Bloomberg. Revenue was little changed from a year earlier at $30.2 billion, compared with analysts’ average estimate of $30.4 billion, the company said in a statement Wednesday.