AT&T Inc. Q1 2026 Earnings Recap

AT&T delivered a strong first quarter, driven by record fiber and fixed wireless customer additions, strategic asset integration, and continued investments in converged connectivity and network leadership.

Key Takeaways

• Achieved a record 584,000 net additions in fiber and fixed wireless advanced Internet, marking six consecutive quarters over 0.5 million new customers.
• Closed early on the Lumin transaction, adding 1.1 million fiber customers and expanding coverage to over 4 million locations.
• Convergence rate increased to nearly 45% organically, enhancing customer loyalty, reducing churn, and driving higher lifetime value.
• Reached over 90 million customer locations with advanced internet services, aiming for 60 million+ fiber locations by 2030.
• Stabilized Advanced Connectivity business service revenues, with improved growth in fiber and 5G offsetting declines in transitional services.