AT&T shares rose over 2% in premarket trading following the release of its third-quarter earnings report, which exceeded analysts' expectations for earnings per share but fell short on revenue. The telecom giant reported adjusted earnings of $0.60 per share, surpassing the estimated $0.57 per share. However, revenue came in at $30.21 billion, slightly below the expected $30.44 billion. Despite the revenue miss, AT&T saw strong subscriber growth and reiterated its full-year EPS guidance of $2.15 to $2.25. Additionally, the company reported free cash flow of $5.1 billion, beating the estimate of $4.69 billion, and adjusted EBITDA of $11.6 billion, up 3.6% year-over-year. Meanwhile, T-Mobile also posted strong third-quarter results, beating estimates for both earnings and revenue. T-Mobile reported earnings per share of $2.62, exceeding the $2.42 estimate, and revenue of $20.16 billion, surpassing the $20.02 billion estimate. The company saw significant growth in monthly mobile-phone and broadband subscribers, with postpaid net customer additions of 1.6 million and a postpaid phone churn rate of 0.86%, leading it to raise its forecasts for new customers and earnings for the year.