AT&T shares jump as subscriber growth tops analyst expectations
Publishing timestamp: 2023-01-25 16:10:39
Summary
AT&T reported fourth-quarter subscriber growth that exceeded Wall Street's estimates, and its shares jumped on Wednesday. Verizon also reported fourth-quarter earnings this week that matched analyst's expectations. AT&T CEO John Stankey rejected the idea that the phone service industry is in a pricing war, and Verizon CEO Hans Vestberg said he is looking to see "where inflation goes this year" in order to gauge Verizon's pricing strategy for 2023.
Sentiment: POSITIVE
Keywords: at&t inc, television, media, verizon communications inc, telecommunications, business news, earnings, business,
Source: https://www.cnbc.com/2023/01/25/att-subscriber-growth-stock.html