• AT&T (NYSE:T) reported earnings per share (EPS) of $0.52, surpassing estimates and showcasing significant subscriber growth.
• The company's strategy to enhance connectivity offerings led to increased revenue in wireless and consumer segments.
• AT&T plans to return over $45 billion to shareholders from 2026 to 2028, reflecting a customer-centric, investment-led approach.

AT&T (NYSE:T) is a major player in the telecommunications industry, providing a wide range of services including wireless, broadband, and fiber connectivity. The company competes with other giants like Verizon and T-Mobile. On January 28, 2026, AT&T reported earnings per share (EPS) of $0.52, surpassing the estimated $0.46, and revenue of $33.47 billion, exceeding the expected $32.88 billion.

The impressive earnings are largely driven by significant subscriber growth. In the latest quarter, AT&T added 283,000 fiber subscribers and 421,000 net postpaid phone subscribers. This growth aligns with AT&T's strategy to enhance the convergence of its connectivity offerings, leading to increased revenue in its wireless and consumer segments.

AT&T's robust financial performance for the fourth quarter and full year of 2025 exceeded all consolidated financial guidance. The company attributes this success to the growth in converged fiber and 5G customers. AT&T has a positive long-term outlook, anticipating improved growth in Adjusted EBITDA and Adjusted EPS, along with higher free cash flow through 2028.

In 2025, AT&T returned over $12 billion to shareholders through dividends and share repurchases. The company plans to return an additional $45 billion or more to shareholders from 2026 to 2028. This strategy is part of AT&T's customer-centric, investment-led approach, resulting in increased convergence rates and enhanced profitability.

AT&T experienced its best year for consumer broadband subscriber growth in a decade, with many customers choosing AT&T as their sole provider. This led to the fastest annual increase in its convergence rate, with 42% of AT&T Fiber households also opting for AT&T's wireless services. The company's financial metrics, such as a P/E ratio of 7.39 and a price-to-sales ratio of 1.31, reflect its market valuation and financial health.