Welcome to our dedicated page for AT&T news (Ticker: T), a resource for investors and traders seeking the latest updates and insights on AT&T stock.
AT&T Inc. (NYSE: T) is a leading American multinational telecommunications holding company headquartered in Whitacre Tower, Downtown Dallas, Texas. As the world’s third-largest telecommunications company by revenue and the third-largest provider of mobile telephone services in the U.S., AT&T has a significant impact on the global communications landscape.
The company’s wireless business generates about two-thirds of its revenue, with AT&T being the third-largest wireless carrier in the U.S., connecting approximately 72 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which include internet access, private networking, security, voice, and wholesale network capacity, account for about 16% of the company’s revenue.
In addition to its U.S. operations, AT&T has a considerable presence in Mexico, with 22 million customers, contributing 3% to its total revenue. The firm still holds a 70% equity stake in satellite television provider DirecTV but does not consolidate this business in its financial statements.
For 2024, AT&T continues to push forward with significant investments in 5G and fiber optic networks, contributing to steady subscriber growth in these areas. The company also reported a strong financial performance in the fourth quarter of 2023, with free cash flow reaching $16.8 billion, surpassing its full-year guidance.
AT&T’s strategic efforts to drive profitable growth include enhancing its 5G and fiber networks, focusing on customer satisfaction, and expanding its broadband infrastructure. The company’s transformation initiatives are aimed at supporting margin growth and ensuring sustainable business performance.
In recent news, AT&T reported strong first-quarter results for 2024, highlighted by consistent 5G and fiber customer additions and increased mobility service and broadband revenues. The company also addressed data security concerns related to a data set released on the dark web, ensuring proactive communication with affected customers and offering credit monitoring services where applicable.
Looking ahead, AT&T plans to continue scaling its connectivity services to meet the increasing demand for seamless broadband, thereby driving durable growth for its shareholders. The company’s commitment to innovation and enhancing customer experiences remains central to its business strategy as it navigates the evolving telecommunications industry.
For more information about AT&T Inc. (NYSE:T), please visit about.att.com. Investors can learn more at investors.att.com.
AT&T has been recognized as one of the 2022 World's Most Ethical Companies by Ethisphere, marking the third consecutive year it has received this honor. As the only U.S.-based telecommunications firm on the list, AT&T joins 136 honorees across 22 countries and 45 industries. This recognition underscores the company’s commitment to ethics, integrity, and governance, which CEO John Stankey noted as a competitive advantage. The selection process assessed over 200 questions on various ethical practices and corporate governance.
Xandr and LiveIntent are expanding their partnership to introduce new data and identity offerings, launching over 15 exclusive data segments via the Xandr Data Marketplace. This collaboration will allow mutual clients to onboard their first-party audience segments onto various Xandr platforms. By integrating with InfoSum, they ensure data security while maximizing performance. The partnership enhances potential for advertisers in various verticals, including retail media and streaming. LiveIntent aims to build curated marketplaces for publishers to increase revenue opportunities.
Pascal Desroches, CFO of AT&T (NYSE:T), updated shareholders on growth strategies during the Deutsche Bank Media, Internet & Telecom Conference. The company aims to become America's leading broadband provider, expanding its wireless subscriber base and enhancing its fiber network. AT&T plans to achieve $2.5 billion in cost savings over two years while investing approximately $24 billion in growth for 2022 and 2023. Despite headwinds from the 3G shutdown and CAF II credits, a positive trend in wireless sales is anticipated, with upcoming earnings reported on April 21, 2022.
AT&T will host its 2022 Analyst & Investor Day today at 10 a.m. ET, outlining strategies for long-term growth, focusing on 5G and fiber networks. The company reiterated its guidance for 2023, expecting free cash flow around $20 billion. AT&T plans to double its fiber footprint to over 30 million locations and enhance its 5G network to cover more than 200 million people by year-end. The company aims for a simplified business model while prioritizing customer growth and optimizing returns on legacy businesses. Expect continued dividends around $8 billion post-WarnerMedia deal.
WarnerMedia has launched a new hub, WM Inclusive, focused on Equity + Inclusion initiatives. This digital platform aims to amplify underrepresented voices and showcase inclusive storytelling through various media channels, including newsletters, social media, and original content. The initiative is built around the motto “When You See Us, You See You” and seeks to enhance corporate communications while fostering a sense of belonging among employees and consumers. The hub will support the group’s pillars: Workforce, Content, Programs, and International.
AT&T Fiber has expanded its offerings to include speeds of up to 5 Gbps in over 100 metro areas, serving more than 7 million customer locations. The initiative is part of AT&T's goal to reach 30 million customers by 2025. AT&T will also introduce fiber service in Texas, Oklahoma, and Ohio by year-end 2022. With competitive pricing, starting at $110/month for 2 Gbps and $180/month for 5 Gbps, the service aims to address growing bandwidth demands and enhance user experiences with no data caps or equipment fees.
WarnerMedia is set to showcase its presence at SXSW 2022 with the WarnerMedia House in Austin from March 11-13. This interactive space will feature content from its entertainment, news, and sports brands, including panel discussions and screenings. Key programming themes include 'Closer to Your Heroes,' 'Culture Shifts,' and 'Raise the Curtain.' The house will host exclusive events like a fireside chat with Brené Brown and film screenings, enhancing audience engagement. WarnerMedia is an official SXSW sponsor, welcoming badge holders to the immersive experiences.
AT&T (NYSE:T) will webcast a keynote address by CFO Pascal Desroches at the Deutsche Bank Media, Internet & Telecom Conference on March 14, 2022, in Palm Beach, Fla. The presentation starts at 8:50 a.m. ET and will be available live and for replay via AT&T Investor Relations. The company is a global leader in telecommunications, media, and entertainment, providing communications and entertainment experiences to over 100 million U.S. consumers. More details can be found at AT&T’s official website.
Xandr has launched an innovative end-to-end technology platform for political advertising, encompassing its Invest DSP, Monetize SSP, and Xandr Curate solutions, available in all 50 states. This platform is designed to assist advertisers in programmatically purchasing political ads with enhanced features like specialized political deal catalogs and transparent reporting. Additionally, the Monetize SSP aids publishers in capitalizing on political spending. Xandr’s support includes extended service-level agreements for political buyers.
On March 11, 2022, AT&T will host its Analyst & Investor Day at 10 a.m. ET, where the company plans to share insights about its business strategy and capital allocation plans. The event will be accessible via live webcast, with presentation materials available on AT&T Investor Relations. A replay and transcript will be provided post-event. With over 100 million U.S. consumers, AT&T is a leader in telecommunications and media, offering a diverse range of communication and entertainment services.
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