AT&T has reported strong third-quarter 2025 results, supported by solid growth in its wireless and fiber businesses.
AT&T posted revenue of $30.7 billion, up 1.6 percent, driven by gains in Mobility, Consumer Wireline, and Mexico.
Operating income of AT&T rose to $6.1 billion from $2.1 billion in the same period last year, while adjusted operating income was $6.6 billion.
Net income reached $9.7 billion, boosted by a $5.5 billion gain from the sale of its remaining 70 percent stake in DIRECTV.
AT&T continued to grow its subscriber base with 405,000 postpaid phone net additions, maintaining a low churn rate of 0.92 percent.
The company added 288,000 AT&T Fiber customers and 270,000 AT&T Internet Air customers, bringing total consumer fiber broadband revenue to $2.2 billion, up 16.8 percent year-on-year. Over 41 percent of AT&T Fiber households also subscribed to AT&T Mobility services, reflecting strong convergence momentum.
Capital expenditures for the quarter totaled $4.9 billion, slightly below $5.3 billion a year earlier. Total capital investment, including vendor financing, reached $5.3 billion. Operating expenses declined to $24.6 billion from $28.1 billion, primarily due to lower content costs and ongoing efficiency initiatives, partially offset by higher equipment and network-related expenses.
AT&T reaffirmed its full-year 2025 outlook, targeting capital investment in the range of $22 billion to $22.5 billion, free cash flow in the low-to-mid $16 billion range, and adjusted EPS at the higher end of $1.97 to $2.07.
The company plans to maintain consistent capital spending through 2027 while strengthening free cash flow and reducing leverage, supported by upcoming fiber and spectrum acquisitions from Lumen and EchoStar.
John Stankey, AT&T Chairman and CEO, said: “We continue to add highly-profitable customers that are choosing AT&T for all their connectivity needs on the country’s fastest and largest wireless and fiber networks.”
AT&T’s Communications segment reported revenue of $29.5 billion in Q3 2025, a 1.5 percent year-on-year increase, supported by growth in Mobility and Consumer Wireline services.
Mobility service revenue rose 2.3 percent to $16.9 billion, driving operating income growth of 1.7 percent and EBITDA growth of 2.2 percent. Total Mobility revenue rose 3.1 percent, reflecting higher wireless device sales and subscriber additions.
AT&T added 405,000 postpaid phone subscribers during the quarter, maintaining momentum in high-value customer segments.
AT&T’s Business Wireline revenue declined 7.8 percent due to reductions in legacy and transitional services, partly offset by a 6 percent increase in fiber and advanced connectivity services.
AT&T’s Consumer Wireline revenue grew 4.1 percent, led by an 8.2 percent rise in broadband revenue driven by 16.8 percent growth in fiber revenue.
AT&T recorded 288,000 additions in AT&T Fiber and 270,000 additions in AT&T Internet Air, marking its ninth consecutive quarter of positive broadband growth.
Baburajan Kizhakedath
