AT&T Exceeds Q4 Expectations with Strong Subscriber Growth and Profit Surge

The telecom giant's bundled 5G and fiber plans drive record holiday-quarter results, bolstered by a 70% year-over-year profit increase.

AT&T added 482,000 wireless subscribers in Q4 2024, surpassing analysts' expectations of 424,550.
The company's fiber internet service saw its best fourth-quarter performance, with 307,000 new customers added.
Net income rose 70% year-over-year to $4.41 billion, or 56 cents per share, beating estimates of 46 cents per share.
Total revenue increased by 1% to $32.3 billion, slightly above the expected $32.04 billion.
AT&T's stock climbed nearly 2% in premarket trading following the results, reflecting investor confidence in its growth strategy.