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BUZZ-AT&T rises on upbeat Q4 wireless subscriber growth

ReutersJan 27, 2025 2:54 PM

Updates

** Shares of telecom company AT&T T.N rise 5.5% to $23.96

** AT&T added 482,000 net monthly bill-paying wireless phone subscribers in Q4, outpacing analysts' estimated gains of 424,550, according to Visible Alpha

** Co's fiber business added 307,000 new customers in Q4, higher than 226,000 additions in the prior quarter, marking its best Q4 fiber net additions

** Revenue grew about 1% to $32.3 bln, compared with estimates of $32.04 bln, as per data compiled by LSEG

** AT&T shares rose around 36% in 2024

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