AT&T Results Presentation Deck
3Q23 Consumer and Business Wireline Results
Revenues EBITDA †1 EBITDA Margin †1
$ amounts in billions
Consumer Wireline
$3.2
$3.3
$0.9
O
29.6%
3Q22
$5.7
Business Wireline
$2.0
$1.0
34.6%
3Q22
31.0%
3Q23
$5.2
$1.7
32.5%
3Q23
Revenue and EBITDA+¹ growth driven by Fiber adoption, with Fiber revenues up ~27%
Broadband revenues grew 9.8%, driven by Fiber subscriber and ARPU growth from mix shift to Fiber
Fiber ARPU of $68.21, up 8.9%, with intake ARPU $70+
AT&T Fiber net additions of 296K, reflecting resilient demand and product superiority
Introduced AT&T Internet Air fixed wireless access service in 20 locations
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Business Wireline results impacted by ongoing transition toward core connectivity
Portfolio rationalization continuing to impact year-over-year comparisons
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• Continued fiber expansion supports connectivity gain opportunities in small/medium businesses
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Business Solutions t5 wireless service revenues grew 7.0%; FirstNet added ~275K connections
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See notes slide 10
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