Can AT&T Keep Growing Wireless Subscribers?
AT&T (NYSE: T) demolished analysts expectations with its second quarter earnings results. One of several highlights was the 789,000 net additions to its postpaid phone service. Analysts were expecting just 278,000 on average.
AT&T has added more than 2.8 million postpaid phone subscribers over the past four quarters. That's its best 12 months in over a decade, CEO John Stankey noted on the company's second quarter earnings call. Those numbers are comparable to T-Mobile (NASDAQ: TMUS), and far exceed the 277,000 phone net adds at Verizon (NYSE: VZ) during the same period.
But investors shouldn't expect AT&T to maintain this pace.
Source Fool.com
