AT&T Inc. (T)
The company now
AT&T reported on 21 October 2026 that third-quarter revenue rose 5.3 percent to $32.3 billion, with its best growth in service revenue, the monthly bills for connections, in more than four years 1. Profit fell, though: income from continuing operations was $1.3 billion, against $9.7 billion a year earlier 1. The year-ago quarter held a gain on selling the DIRECTV stake, and this one a $2.6 billion write-down of the Mexico wireless business being sold 1.
The growth came from selling fiber and wireless together 1. AT&T added 442,000 fiber and 327,000 fixed wireless internet customers, a record 769,000 in all, plus 379,000 phone customers on monthly bills 1. It says 42.8 percent of homes with its advanced internet also take its wireless service, the bundle it calls convergence 1.
The open questions are two deals 21. On 13 October AT&T agreed to sell AT&T Mexico to Grupo Televisa and Fintech Holdings, expecting about $2 billion in cash at a closing planned for the first quarter of 2027 21. On 6 October it agreed to sell half of the venture holding its newly bought Lumen fiber to BlackRock's GIP and CPP Investments 2.
As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.