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AT&T sees revenues rise, rebound in device sales

April 22, 2021

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AT&T reported increased company revenues and solid growth in its wireless segment, driven in part by a bump in device upgrades.

AT&T’s consolidated company revenues for the first quarter were $43.9 billion, up 2.7% from $42.8 billion in the first quarter of 2020.

“Our execution has been sharp, and we have momentum,” CEO John Stankey said on the company’s call with investors, adding that the company is growing its customer base across wireless, fiber and HBO Max. “We’re doing it the right way, with a focus on growing profitability,” he said.

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