2022 Could Be a Tough Year for Wireless Carriers

With fewer net additions on the table, AT&T and its rivals Verizon (NYSE: VZ) and T-Mobile (NASDAQ: TMUS) will have to focus on reducing subscriber churn and increasing average revenue per user (ARPU). Through the first nine months of 2021, the big three wireless carriers have seen double the number of postpaid phone net additions compared to the same period of 2020. Comcast and Charter have added a combined 1.7 million subscribers in 2021 versus 1.5 million in the same period last year.