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AT&T Downplays Competition From Cable Ops

AT&T’s chief operating officer told investors that cable operators are not yet exerting measurable pressure on the telecom giant’s results. He highlighted four consecutive quarters of stable performance despite cable MVNO growth and emphasized the company’s expanding fiber footprint into traditionally cable‑dominated markets. McElfresh also pointed to AT&T’s dual‑network strategy—owning both fiber and wireless—as a unique competitive advantage. Finally, he noted the radio‑replacement program is halfway complete and on track for a seamless 18‑month finish.