'We are actually gaining customers in a lot of different places and a lot of different ways,' AT&T CEO John Stankey says an investor conference.
““We are actually gaining customers in a lot of different places and a lot of different ways, and there isn’t any single answer to it. And I know folks want to continue to go back and say, well, it’s a high level of promotion that’s doing it. And that’s actually not correct.””
The telecommunications giant added a net of 813,000 postpaid phone subscribers in its latest quarter, more than rivals Verizon Communications Inc. VZ, +1.23% and T-Mobile US Inc. TMUS, -0.38% combined. The company has logged similarly sized subscriber hauls for numerous quarters, traction some analysts attribute to the company’s promotional tactics — AT&T T, +2.
Additionally, AT&T has “seen that same dynamic move into the upper end and mid part of the business market where our share performance has improved,” he said, according to a transcript of the presentation provided by Sentieo.
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