Benzinga | Dec 7, 2021 04:55PM EST

UPDATE: AT&T CFO At Barclays Tech Conference Said In Q3 2021, Fiber Subscribers, Revenues, Profits Grew In Co's Consumer Wireline Business, Said Trends Expected To Continue In 2022

* The company continues to increase penetration across its fiber footprint and is on track to add at least 1 million fiber subscribers for the fourth consecutive year. Increases in fiber subscribers helped AT&T reach an inflection point in the third quarter of 2021, with broadband revenue growth outpacing declines in legacy revenues. In the third quarter of 2021, fiber subscribers, revenues and profits grew in AT&T's consumer wireline business, and those trends are expected to continue in 2022.