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

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