The big three US operators all posted Q3 2023 results that beat expectations over most counts but not revenues, which remained rather flat. All three took solace from what looks like a bottoming out of the recent decline in share price, as investors reacted favorably to the results. The stock value of all three witnessed a modest spike after publication of the results, sufficient to suggest that the longer-term slide over the past year has come to an end as performance stabilizes. As MNOs, all three have been under pressure from cable operators offering converged packages as MVNOs, even though these run over their networks in most cases. Fixed Wireless Access (FWA) has allowed them to hit back, more especially…