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AT&T's Fiber Business Is Starting to Boost Profits

AT&T's Fiber Business Is Starting to Boost Profits

The wireless business is AT&T's (NYSE: T) main source of revenue and profits, but the company's fiber business shouldn't be ignored. AT&T is in the process of building out its fiber network across the United States, an expensive proposition that has taken time to pay off. AT&T added 1.2 million fiber subscribers during 2022, boosting its total to 7.2 million.