AT&T’s Sustainable Growth Strategy Pays off with Strong Q2 Results

AT&T delivered strong second-quarter (Q2) results with profitable subscriber growth and year-over-year increases in Mobility service and broadband revenues.

• 251,000 AT&T Fiber net adds; 14 straight quarters with more than 200,000 net adds;
• Consumer broadband revenues up 7.0%, driven by AT&T Fiber revenue growth of 28.0%;
• Expanded most reliable 5G network; mid-band 5G spectrum now covers more than 175 million people; remain on track to reach 200 million people with mid-band 5G by the end of 2023;
• Grew country’s largest consumer fiber network; ability to serve 20.2 million consumer and more than 3 million business customer locations with fiber; remain on track to pass 30 million-plus fiber locations by the end of 2025;
• Closed joint venture with BlackRock to form Gigapower to provide a state-of-the-art fiber network to an initial 8 new areas;
• Collaborated with AST SpaceMobile to achieve world-first direct voice call from space between unmodified everyday 4G LTE smartphones, connected via a low-earth orbit (LEO) satellite; a key step in allowing us to provide even more expansive connectivity.