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2023-01-25 11:34:32

AT&T beats wireless subscriber estimates; earnings hit by $25 billion charge

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Channel NewsAsia
By Cna

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AT&T Inc on Wednesday reported more subscriber additions in the fourth quarter than expected, as aggressive promotions during the holiday season helped it attract more customers that were looking to upgrade their devices and internet plans.

Since selling its media assets last year, AT&T has renewed its focus on its telecoms business and ramped up competition with Verizon for subscribers.

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