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AT&T Rides on Strength in Communications Segment: Will it Persist?

Key Takeaways AT&T's Q2 communications revenues rose to 29.7B,upfrom29.7B, up from 28.58B a year earlier.Consumer Wireline growth came from fiber momentum with 243K net fiber additions.Mobility revenues grew 6.7% to 21.84B, supported by subscriber gains and higher ARPU.AT&T, Inc. (T) is benefiting from solid demand trends in the Communication segment. During the second quarter, segment revenues rose to 29.7 billion, up from $28.58 billion in the year-ago quarter. The growth is primarily driven by healthy traction i ...