The US mobile landscape has evolved significantly over the years. Not long ago, Verizon and AT&T were the leading players, with Sprint and T-Mobile following at a distance. In 2023, the gap between the major carriers has narrowed considerably, and the competition is fiercer than ever. Earlier this summer, AT&T’s stock hit a 30-year low, raising the question: Is AT&T in trouble?
Now, I’m not suggesting that the company is in danger of disappearing. It remains a Fortune 500 company with a substantial subscriber count and a loyal fan base. It’s also important to note that Verizon isn’t exactly thriving either, dealing with similar lead contamination issues and other factors affecting its stock prices. Whatmore, according to Statista AT&T is actually doing quite well in terms of retaining subscribers. After a few months of slight decline, it’s actually seen some minor growth over the last two quarters.
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