AT&T tops targets for new wireless subscribers as bundle offers spur demand
AT&T reported better-than-expected quarterly wireless subscriber additions on July 22, 2026, driven by cheaper unlimited plans and bundled mobile-broadband offerings. The company added 432,000 net monthly bill-paying wireless subscribers, surpassing the FactSet estimate of 338,500. Shares rose 4% on the news. AT&T's convergence strategy, including the OneConnect bundle launched in March, also led to record broadband additions of 367,000 fiber and 279,000 fixed wireless subscribers. Total revenue was $31.6 billion (slightly below estimates of $31.80 billion), while adjusted EPS of 65 cents beat the 59-cent estimate. Free cash flow reached $4.7 billion, above Visible Alpha estimates. CEO John Stankey attributed the results to targeted promotions and retention efforts.
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