AT&T gains 403,000 new monthly phone subscribers in Q3, $30 bn in revenue
By
Binu Mathew
AT&T Inc. gained more mobile subscribers in the third quarter than analysts expected, continuing the winning streak from the previous period.
The company added 403,000 net new monthly wireless phone subscribers, outpacing analysts’ projected gains of 394,600, according to data compiled by Bloomberg. Revenue was little changed from a year earlier at $30.2 billion, compared with analysts’ average estimate of $30.4 billion, the company said in a statement Wednesday.