AT&T adds more wireless subscribers in 5G push, HBO Max gets more viewers

AT&T Inc’s quarterly revenue and monthly phone bill paying subscriber additions beat market expectations on Thursday, on increased demand for its phone and internet service and steady growth for its streaming platform HBO Max.

Total revenue fell 5.7% to $39.9 billion in the third quarter compared to a year earlier due to the divestment of satellite TV provider DirectTV. But it exceeded analysts’ average estimate of $39.14 billion.