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AT&T Q4 results reveal wireless customer gains, big write-down

January 25, 2023

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AT&T ended 2022 in a good position. The carrier reported that wireless service revenues went up 5.2% in the last quarter, while consumer broadband revenues increased by 7.2%. The carrier also added 656,000 postpaid phone subscribers during Q4, bringing the total postpaid phone subscription adds to 2.9 million for the full year.

“We finished 2022 with strong momentum of growing customer relationships,” said CEO John Stankey on the company’s earnings call. “As you can see from our profitability trends, we’re growing them in the right way.”

He also said that the company “met or surpassed all of our profitability targets for the year.”

Read More on RCR Wireless News