AT&T tops targets for wireless subscriber additions as bundle offers gain traction

Reuters

Wed, July 22, 2026 astatine 5:37 AM CDT 1 min read

July 22 (Reuters) - AT&T added much wireless subscribers than expected successful the 2nd quarter, arsenic its revamped ‌low-cost, unlimited plans on with bundled mobile and ‌broadband offerings attracted value-conscious customers.

Shares of the institution jumped 5% successful ​premarket trading connected Wednesday.

The gains physique connected AT&T's broader convergence strategy of selling aggregate connectivity services to the aforesaid household to trim churn and summation lawsuit beingness worth arsenic ‌U.S. telecom providers pursuit ⁠the aforesaid finite excavation of users.

AT&T successful March launched OneConnect, a azygous subscription that bundles ⁠unlimited wireless work with location net nether 1 monthly bill.

It has besides rolled retired customizable Build-A-Plan options and caller ​entry-level wireless ​plans with much high-speed ​data, portion continuing to ‌invest aggressively successful expanding its fibre network.

AT&T added 432,000 nett monthly bill-paying wireless subscribers during the April to June period, flying past estimates of 338,500 additions, according to FactSet.

The bundled offerings besides helped the institution station grounds broadband ‌additions, with 367,000 caller fibre net ​users and 279,000 fixed wireless ​subscribers.

About 42.5% of homes ​using AT&T's precocious net services are besides ‌subscribing to its wireless.

For the ​second quarter, full ​revenue stood astatine $31.6 billion, compared with estimates of $31.80 billion, according to information compiled by LSEG.

Adjusted net per ​share came successful ‌at 65 cents, compared with analysts' mean estimation ​of 59 cents.

(Reporting by Harshita Mary Varghese successful ​Bengaluru; Editing by Shinjini Ganguli)