The actions are paying off as it added 928,000 net new phone subscribers who pay a monthly bill during the third quarter, well above consensus expectations of 560,000, according to data from research firm FactSet. wireless carrier has been unraveling its years-long journey to become an entertainment powerhouse and moving faster to chop debt and invest in its 5G wireless network to provide quicker phone and internet services.
(Reuters) -AT&T Inc posted higher quarterly revenue and more cell phone subscribers on Thursday, bolstered by higher demand for its internet service and growing streaming platform HBO Max. Create New Watchlist Create Create a new holdings portfolio Add Create + Add another position Close
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