AT&T reports higher adjusted EPS and strong third-quarter connectivity growth

AT&T reported third-quarter 2026 revenue of $32.3 billion, up 5.3% year over year, while adjusted EPS rose to $0.65 from $0.54; reported diluted EPS was $0.13 after a $2.6 billion impairment tied to its held-for-sale Mexico wireless business and employee separation charges. Advanced Connectivity added 769,000 internet customers and 379,000 postpaid phone customers, with service revenue up 6.1%, while free cash flow reached $5.0 billion. AT&T raised its 2026 adjusted EPS outlook to about $2.40, expects 2026 capital investment of $23 billion to $24 billion, and plans to return more than $45 billion to shareholders during 2026-2028.