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AT&T added 294,000 net monthly bill-paying wireless phone subscribers in the first quarter.
AT&T added 294,000 wireless phone subscribers, surpassing the 272,000 expected by analysts.
KEY POINTS
- 42% of AT&T home internet households also use its wireless plans, highlighting strong service convergence.
- AT&T raised prices on lowest and highest wireless tiers to encourage upgrades to more profitable plans.
- A new advanced connectivity segment showed 5% revenue growth, partly from acquiring Lumen's fiber business.
COMPANIES
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