AT&T's bundled 5G, fiber plans boost quarterly subscriptions; shares rise


FILE PHOTO: An AT&T logo is pictured in Pasadena, California, U.S., January 24, 2018. REUTERS/Mario Anzuoni/File Photo

(Reuters) -AT&T's fourth-quarter wireless subscriber growth surpassed expectations on Monday, fueled by strong demand for its discounted premium plans combining 5G mobile with high-speed fiber data, sending its shares up more than 6% in early trading.

The U.S. telecom giant added 482,000 net monthly bill-paying wireless phone subscribers in the holiday quarter, outpacing analysts' estimated gains of 424,550, according to Visible Alpha.

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