AT&T's bundled plans spur subscriber surge, tax savings to fund fiber expansion

(Reuters) - AT&T beat quarterly profit estimates and added more wireless subscribers than expected as customers flocked to its discounted bundles combining 5G mobile and high-speed fiber plans.

The company (T.N), said on Wednesday it would invest about $3.5 billion from savings unlocked by President Donald Trump's new tax law to accelerate its fiber network build-out, a critical growth area as the wireless market saturates and internet usage surges.