AT&T reported its fourth quarter earnings today, and the company fell short of analyst's expectations for its wireless operations. For the three month period that ran from October through December, AT&T added 134,000 net postpaid phone subscribers; Wall Street expected a gain of 208,000 customers for this category. Churn was 1%, up 11 basis points from the .89% recorded during the same quarter in 2017. The carrier added 13,000 postpaid pre-paid phone net additions.
Jonathan Chaplin, an analyst with New Street Research, blamed the increase in churn on the heavy ...
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