AT&T

AT&T's core wireless business overshot its expectations during the third quarter of 2022, driving higher revenue and profits despite lingering worries about inflation. The company added 708,000 postpaid phone connections, a metric that investors use to measure the strength of a cellphone carrier’s main profit center. For the third consecutive quarter, the tally handily topped projections of Wall Street analysts, who had been expecting 552,300 connections in the third quarter.

As part of our $2 billion commitment from 2021 to 2023 to help close the digital divide, AT&T is launching the Bridge to Possibility: Closing the digital divide, together campaign. It is a month-long, company-wide initiative to drive awareness of the digital divide and the collective response needed to address it. We must demonstrate how broadband connectivity tangibly improves lives.

AT&T announced that it is on track to cover more than 30 million locations by the end of 2025 with its fiber network. This expansion is in part because the company expects data consumption in the US to increase 5 times as much from 2021 to 2025. And according to AT&T, closing the digital divide with high-speed internet access to more kids and families also drives more demand.

AT&T shared its second quarter 2022 results on July 21, seeing significant gains in its mobile and fiber businesses. AT&T delivered subscriber growth near second-quarter record levels with 316,000 AT&T Fiber net adds. This brings total net additions over the past two years to nearly 2.3 million, including 10 straight quarters of more than 200,000 net adds. The company now has the ability to serve 18 million customer locations in more than 100 US metro areas with its fiber network.

The state of Indiana and AT&T are collaborating on a plan to bring a fiber network to nearly 6,100 homes, businesses and farms in parts of nine Indiana counties. The $13 million project is contingent upon a final contract between the state of Indiana and AT&T. Extensive design and engineering work will begin immediately following the execution of a final agreement between AT&T and the state. AT&T is also currently working with both Vanderburgh County and the City of Boonville (IN) to bring AT&T Fiber to those communities through public-private partnerships.