AT&T (T) Misses Q4 Earnings Estimates Despite Higher Revenues

AT&T Inc. (T) reported relatively healthy fourth-quarter 2023 results as solid wireless traction and customer additions was partially offset by lower demand for legacy voice and data services. The company recorded strong subscriber growth backed by a resilient business model and robust cash flow position driven by a diligent execution of operational plans.AT&T expects to continue investing in key areas of 5G and fiber and adjust its business according to the evolving market scenario to fuel long-term growth ...