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Stock impact report

AT&T leans on bundled plans to beat estimates for subscriber additions [FOX Business Network]

AT&T Inc. (T) 
Last at&t inc. earnings: 4/22 06:54 am Check Earnings Report
US:NYSE Investor Relations: en.wiktionary.org/wiki/at
AT&T beat Wall Street estimates for wireless subscriber additions in the first quarter on Wednesday, driven by steady demand for its plans that bundled high-speed fiber services and 5G mobile offerings. The U.S. wireless carrier's focus on bundling to fend off intense competition in a saturating market and aggressive trade-in offers helped it gain 324,000 net monthly bill-paying wireless phone subscribers. That compared with FactSet estimates of 258,300 additions for the quarter. After flagging elevated rate of subscribers leaving its service in January, AT&T ramped up its deals with promotions for the latest iPhones to include trade-ins of models in any condition. Device upgrades have "trended higher than expected" since the announcement of reciprocal tariffs in early April, AT&T CFO Pascal Desroches said, adding a continuation could lead to a pull forward in demand from the second half of the year. Telecom companies typically experience higher upgrade rates in the second Show less Read more
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