BUZZ-AT&T rises on Q1 wireless subscriber additions beat

Reuters
04-23
BUZZ-AT&T rises on Q1 wireless subscriber additions beat

** Shares of telecom operator AT&T T.N rise ~3% to $27.8 in premarket trading

** Company adds 324,000 net monthly bill-paying wireless phone subscribers in Q1, above FactSet estimate of 258,300 additions

** Co says more than 40% of AT&T customers that use fiber also opted for its wireless plans

** Q1 revenue rose 2% to $30.6 bln vs estimates of $30.35 bln - LSEG

** Up to last close, stock had risen 18.4% YTD

(Reporting by Harshita Mary Varghese in Bengaluru)

((HarshitaMary.Varghese@thomsonreuters.com))

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