US Top News and Analysis | AT&T adds more wireless subscribers than expected as bundling pays off
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AT&T added 294,000 net wireless bill‑paying subscribers in the first quarter, surpassing the 272,000 analysts had forecast, as customers increasingly chose bundled wireless and high‑speed fiber packages; about 42 % of AT&T households with home internet also subscribed to wireless plans, a convergence trend the company capitalized on alongside extended device subsidies for the latest iPhone models and price hikes on its lowest and highest tiers to move users toward mid‑range plans and lift average revenue per user. Total revenue rose roughly 3 % to $31.5 billion, and AT&T reorganized its business units, creating an advanced connectivity segment that recorded about 5 % revenue growth driven by domestic 5G, fiber services and the mass‑markets fiber business acquired from Lumen.
#AT&T #iPhone #Lumen #AdvancedConnectivity
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