Telecom giant AT&T Inc.’s (T) third-quarter results showed strong and sustained momentum in customer additions across its growing 5G wireless and fiber networks. The company beat the consensus EPS estimate by 10.4% and the revenue estimate by 0.6%. Moreover, T added a net of 708,000 postpaid phone customers in the quarter, its ninth consecutive quarter of postpaid customer gains.
John Stankey, CEO of the company, 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.”
