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StockNews.com
StockNews.com
Business
Mangeet Kaur Bouns

Is AT&T Stock a Buy Under $20?

Telecom conglomerate AT&T Inc. (T) reported mixed third-quarter financial results. The company showed strong momentum in customer additions across its growing 5G wireless and fiber networks. It recorded total wireless net adds of 7.1 million, including 964,000 postpaid and 108,000 prepaid phone net adds.

T’s CEO John Stankey said, “Our results show our strategy is resonating with customers as we continue to see robust levels of postpaid phone net adds and approach 1 million AT&T Fiber net adds for the year.”

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