What AT&T (T) Said on Its Q3 Earnings Call
AT&T said strong fiber and fixed wireless demand drove its best internet net additions to date and lifted advanced connectivity revenue 6.1%.
- On Wednesday, AT&T reported third-quarter revenue of $32.3 billion and adjusted earnings per share of $0.65, both topping analyst estimates. Shares closed down 6.45% as investors weighed higher capital spending needs.
- The company reported a record quarter for internet subscriber growth by adding 769,000 total Advanced Connectivity internet net customers, highlighting its dual-track strategy of deploying fiber and fixed wireless to residential and commercial markets.
- CEO John Stankey said, "Our asset base positions us well for the AI era," noting the company's fiber network exceeds 39 million locations. Overall Advanced Connectivity service revenue reached $23.9 billion, up 6.1%.
- Sharpening its domestic focus, the company sold its Mexico wireless unit for $2 billion and raised its 2026 adjusted EPS outlook. Capital investment is expected between $23 billion and $24 billion for 2026.
- Investors are weighing competitive threats from SpaceX, though Stankey expressed doubt that direct-to-cell satellite service could displace ground-based networks, describing it as "solving the last 2%" of coverage gaps.
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Today, Oct. 21, 2026, the telecom giant posted record internet additions and advanced connectivity gains, signaling momentum in its capital-intensive fiber strategy.
AT&T grows broadband subs in Q3, but debt grows as well
A work truck used by an AT&T contractor. (Photo by Matthew Keys for The Desk) AT&T reported higher revenue and adjusted earnings during the third quarter of 2026, supported by growth in its wireless and fiber businesses, though additional spectrum investments pushed its total debt to nearly $160 billion. AT&T reported revenue of $32.3 billion for the quarter ended September 30, an increase of 5.3 percent from $30.7 billion during the same period…
What AT&T (T) Said on Its Q3 Earnings Call
AT&T (NYSE:T) reported third-quarter results marked by continued subscriber growth across wireless, fiber and fixed wireless services, while raising its full-year adjusted earnings outlook and outlining plans to reduce capital spending in 2027 and 2028. Chairman and CEO John Stankey said the co
AT&T Added A Record 769,000 Internet Customers in Q3 2026 As Cable TV Providers Keep Losing Home Internet
AT&T reported a record quarter for internet subscriber growth by adding 769,000 total consumer and business Advanced Connectivity internet net customers in the third quarter of 2026. The gains were driven by 442,000 fiber additions and 327,000 fixed wireless additions (AKA 5G Home Internet), marking the company’s strongest internet net-add performance to date and underscoring […]
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