AT&T Stock News

DALLAS , Oct.

AT&T acquired wireless spectrum from EchoStar for $23 billion, strengthening its competitive position. The company is expanding its fiber reach from 30 million to 60 million locations by 2030 through organic buildout and the Lumen acquisition, creating bundling opportunities with its wireless business.

AT&T Inc. (NYSE:T ) Q3 2025 Earnings Call October 22, 2025 8:30 AM EDT Company Participants Brett Feldman - Senior Vice President of Finance & Investor Relations John Stankey - CEO & Chairman Pascal Desroches - Senior EVP & CFO Conference Call Participants Peter Supino - Wolfe Research, LLC Benjamin Swinburne - Morgan Stanley, Research Division John Hodulik - UBS Investment Bank, Research Divis...

AT&T Inc. Q3 revenue missed expectations, but wireless postpaid and fiber net adds exceeded targets, supporting ongoing growth initiatives. T delivered strong free cash flow of $4.9 billion, easily covering its dividend with a safe payout ratio of 42.8%. Net debt declined year-over-year, but total debt rose due to spectrum purchases, pushing leverage higher and limiting near-term dividend growth.

AT&T Inc (NYSE:T, ETR:SOBA) saw its shares fall almost 5% in early trade on Wednesday as it reported a slight revenue miss for the third quarter. The telecommunications company posted revenues of $30.7 billion, up 1.6% from a year earlier but slightly below Wall Street estimates of $30.85 billion.

AT&T reported mixed results relative to expectations, but the news was generally positive. AT&T added subscribers across wireless, fiber, and Internet Air, and its converged strategy made progress.

The company has made a push to offer more customers both fiber and wireless services and says the move is paying off. Analysts will be monitoring the impact of promotions.

More customers than expected switched to the wireless carrier's cellphone plans over the third quarter, which helped to boost shares.