AT&T Adds 296k Fiber Subscribers
October 19, 2023
For the third quarter of 2023, AT&T reported growth in 5G and mobility, fiber subscribers and broadband revenues. The company added 296,000 fiber subscribers, surpassing 8 million AT&T Fiber subscribers in call— doubling the customer base in less than 4 years. Consumer broadband revenues are up 9.8%, driven by AT&T Fiber revenue growth of 26.9%. AT&T's consumer fiber network is now capable of serving 20.7 million consumers and about 3.3 million business customer locations; on track to pass 30 million+ fiber locations by the end of 2025.
AT&T Raises Full-Year Adjusted EBITDA and Free Cash Flow Guidance Driven by Continued Subscriber and Revenue Growth