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AT&T exceeded Q4 forecasts, adding subscribers and boosting stock as it expands fiber network plans.
AT&T surpassed fourth-quarter expectations by adding 482,000 wireless subscribers and 307,000 fiber customers, driven by strong demand for its bundled 5G and high-speed fiber plans.
This growth helped the company beat revenue estimates and boosted its stock by 2% pre-market.
AT&T plans to expand its fiber network to over 50 million locations by 2029 and start share repurchases later this year.
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AT&T superó las previsiones del Q4, añadiendo suscriptores y aumentando el stock a medida que expande los planes de red de fibra.