AT&T tops earnings estimate as phone customers rush back

AT&T’s getting its wireless momentum back.

It’s not the only carrier to scale back its media ambitions.

Instead, many are leaning on their traditional business through aggressive promotions.

In comparison, Verizon added 275,000 postpaid phone customers and 528,000 total postpaid customers in the same period.

Its adjusted earnings per share, which excludes one-time items, was 89 cents.

Analysts expected earnings of 79 cents a share and $42.64 billion in revenue, according toYahoo Finance.

AT&T shares slipped 0.1% to $27.87 in recent trading.

Update:Added total post-paid numbers.