AT&T Beats Earnings on Strong Wireless Subscriber Growth
AT&T (NYSE:T) shares rose 3.50% to $23.04 on July 22, 2026, after reporting earnings that beat estimates, driven by strong wireless subscriber growth. The company added 432,000 postpaid phone net subscribers, surpassing Wall Street expectations of 338,500. Revenue slightly missed estimates, but investor sentiment remained positive. Trading volume surged to 177.6 million shares, about triple the three-month average. The broader market was mixed, with the S&P 500 down 0.13% and the Nasdaq Composite down 0.57%. The article notes potential future disruption from satellite-based broadband services, particularly SpaceX's Starlink and AST SpaceMobile, but indicates AT&T has not yet been impacted. Verizon rose 1.16%, while T-Mobile US was nearly flat. The report also includes a promotional segment for The Motley Fool's Stock Advisor service.
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