AT&T Inc (NYSE:T) reported fiscal fourth-quarter 2023 operating revenues of $32.02 billion, up 2.2% year-over-year, beating the consensus of $31.48 billion.
Adjusted EPS of $0.54 missed the consensus of $0.56.
The results reflected higher Mobility, Mexico, and Consumer Wireline revenues, partly offset by lower Business Wireline revenues.
In the Mobility segment, AT&T clocked 5.9 million wireless net adds, including 526 thousand postpaid phone net adds. Verizon Communications Inc (NYSE:VZ) clocked 449 thousand postpaid phone net adds.
The Mobility segment saw a Postpaid churn of 1.01%, consistent with the year-ago quarter. The Consumer ...