Top
image credit: Tdorante10 / Wikimedia

AT&T sees postpaid phone surge in Q3

October 21, 2021

Category:

AT&T saw its best postpaid phone gains in a decade during the third quarter, adding 928,000 postpaid phone lines out of a total of 1.2 million postpaid net adds overall. AT&T also added 249,000 prepaid phone net additions, and 293,000 “other” net adds, while recording a loss of 3,000 postpaid tablets and other branded computing devices.

Mobility segment revenues were up 7% year-over-year to $19.1 billion, including a 4.6% increase in service revenues and a 15% jump in equipment revenues. Operating expenses for the mobility segment were up as well, due to higher equipment costs and 3G network shutdown costs of nearly $200 million, the carrier reported.

Read More on RCR Wireless News