AT&T posted strong customer growth in its core wireless business during the first quarter as it capped its run as a modern media company.

The Dallas telecom giant reported a net gain of 691,000 postpaid phone connections in the three months through March, topping the average 413,000-phone target of Wall Street analysts polled by FactSet. Investors often value postpaid lines that represent dependable revenue from customers under contract.

To Read the Full Story

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Surprise iPhone update adds trick to save you from Christmas shopping nightmare – see if your bank is on the list

A SURPRISE iPhone update gives you a free upgrade to Apple Pay…

Owner of KFC, Taco Bell to Start Taking Orders via Text

KFC-owner Yum Brands Inc. is buying an Israeli-based startup that helps customers…

Synthetic Voices Want to Take Over Audiobooks

When voice actor Heath Miller sits down in his boatshed-turned-home studio in…

Africa could split in two as scientists spot ‘never-before-seen movement’ of ‘giant heated rocks rising from Earth’

A GIANT rip in the Earth’s surface that appears to be splitting…