T · Earnings call · 2026Q3T · Full report

Advanced Connectivity Demand Trends

AT&T INC. · 2026-10-21 · Importance 38 · Surprise 24

AT&T added more than one million subscribers across fiber, fixed wireless and postpaid phone in the third quarter, its strongest quarter in more than four years and a second consecutive quarter above one million net adds. Advanced home internet added 696,000 customers, comprising 416,000 AT&T Fiber and 280,000 Internet Air net adds; management cited greater fiber reach, deeper mid-band spectrum, seasonal dynamics and introductory pricing as drivers. Postpaid phone net adds were 379,000, with churn stable year over year at 0.92%. Nearly 43% of advanced home internet customers also had postpaid wireless, and AT&T added about 350,000 converged customer relationships during the quarter.

Key facts

• AT&T added over 1 million Advanced Connectivity subscribers from fiber, fixed wireless and postpaid phone in Q3 2026, its best quarter in more than four years and second consecutive quarter above 1 million net adds.
• Nearly 43% of AT&T's advanced home internet customers also had a postpaid wireless account with AT&T at the end of Q3 2026.
• AT&T added approximately 350,000 customer relationships to its converged-account base in Q3 2026, faster sequentially than in Q2.
• Converged penetration in AT&T's territories acquired from Lumen increased by 250 basis points since the transaction closed in early February 2026.
• AT&T added 379,000 postpaid phone subscribers in Q3 2026, with year-over-year postpaid phone churn of 0.92% and strong margin contribution.
• AT&T added 696,000 advanced home internet subscribers in Q3 2026, including 416,000 AT&T Fiber and 280,000 Internet Air net adds.
• AT&T said converged penetration in the acquired markets was up 250 basis points since the acquisition at the end of February.
• AT&T said 40%-45% of network traffic on a given day in a metropolitan area such as Chicago originates inside a building.