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  • AT&T beats estimates for subscriber additions, free cash flow

    (Reuters) -AT&T surpassed Wall Street expectations for first-quarter wireless subscriber additions and free cash flow on Wednesday as more people purchased its higher-tier unlimited plans. The telecom giant has been leaning on its 5G rollouts and plans that are usually cheaper than rivals such as Verizon to appeal to more budget-conscious consumers and drive growth in the competitive U.S. market. AT&T added 349,000 net monthly bill-paying wireless phone subscribers in the first quarter, flying...

  • AT&T beats estimates for subscriber additions, free cash flow

    The telecom giant has been leaning on its 5G rollouts and plans that are usually cheaper than rivals such as Verizon to appeal to more budget-conscious consumers and drive growth in the competitive U.S. market. AT&T added 349,000 net monthly bill-paying wireless phone subscribers in the first quarter, flying past expectations of 286,800 additions, according to five analysts polled by FactSet.

  • AT&T adds more subscribers than expected, stock pops

    Shares of AT&T (T) are trading higher at Wednesday's open after the company revealed it added more wireless phone subscribers than expected in the first quarter. The telecommunications giant added 349,000 new postpaid phone connections, outperforming analysts' expectations of 304,000 additions. Yahoo Finance's Seana Smith and Brad Smith break down the details, providing insights into AT&T's growth despite increased competition. For more expert insight and the latest market action, click here to...