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.
On December 9, 2021, Qure4u announced a partnership with AT&T and Samsung for remote patient monitoring (RPM) aimed at patients with high blood pressure. This collaboration will utilize FirstNet's secure connectivity to enhance healthcare access in rural areas. The RPM kits, featuring a Bluetooth-enabled blood pressure cuff and Samsung Galaxy Tab A7 Lite, enable real-time data transmission to healthcare providers. This initiative aims to improve patient outcomes and manage chronic conditions, addressing healthcare challenges through technology.
AT&T Inc. (NYSE:T) recently updated shareholders at the Barclays Global Technology, Media and Telecommunications Conference. CFO Pascal Desroches highlighted the company's growth in customer relationships, particularly in wireless, fiber, and HBO Max. The wireless segment is experiencing revenue, subscriber, and profitability growth, with no immediate signs of demand slowdown. AT&T aims to add over 1 million fiber subscribers for the fourth consecutive year, boosting broadband revenue growth beyond declines in legacy areas. Positive trends in fiber subscribers and revenues are anticipated to continue into 2022.
AT&T (NYSE:T) will host a webcast featuring Jason Porter, the company’s president of public sector and FirstNet, at the upcoming Oppenheimer 5G Summit on December 14, 2021. The presentation will start at 9:55 a.m. ET and will be accessible live as well as for replay through AT&T Investor Relations. This event emphasizes AT&T's commitment to enhancing connectivity and communication solutions for both consumers and businesses. Viewers are encouraged to log in a few minutes early to avoid any potential issues with scheduling.
AT&T has secured a $161 million contract over 11 years to modernize the U.S. Coast Guard's (USCG) data communications networks under a Task Order from the Defense Information Technology Contracting Organization. This agreement positions AT&T as USCG's primary provider of data telecommunications globally, enhancing network efficiencies and capabilities. Services will include IP-based Wide Area Network and commercial satellite communication across 1,200 locations. The contract also facilitates USCG's usage of FirstNet for improved operational efficiency during critical missions.
AT&T's CEO, John Stankey, addressed shareholders at the UBS Global TMT Conference, highlighting strong demand trends in the wireless industry. He noted the company's growth in previously underpenetrated markets due to improved customer experience and network performance. Stankey expects postpaid phone ARPU to remain stable in 2022 while anticipating continued growth from AT&T’s fiber network. The pending WarnerMedia-Discovery transaction is progressing, with expectations for significant annual dividends post-completion, projected at $8 billion to $9 billion.
Xandr, AT&T's advanced advertising company, has launched a new feature on its platform designed to enhance the monetization of premium video supply. This feature standardizes content metadata, making it easier for publishers and buyers to identify and target video content effectively. By simplifying thousands of unique genre values into standardized categories such as duration and genre, Xandr aims to improve the user experience and drive additional spending in the marketplace. Currently, over 50% of transacted CTV impressions on Xandr Monetize incorporate this new content metadata.
AT&T CEO Jeff McElfresh spoke at the Wells Fargo Summit, highlighting the company's strong momentum in the wireless sector. Over five quarters, AT&T achieved nearly 4 million postpaid phone net additions and 1.4 million fiber net additions, with robust wireless service revenue and EBITDA growth. McElfresh noted the stabilization of postpaid phone ARPU and anticipates continued growth in wireless service revenues. He expressed confidence in maintaining a sustainable momentum, driven by improved customer experience and targeted strategies.
AT&T (NYSE:T) will webcast a presentation by Pascal Desroches, CFO, during the Barclays Global Technology, Media and Telecommunications Conference on December 7, 2021, starting at 9:45 a.m. ET. The event is virtual, and interested viewers can access it live and for replay through AT&T Investor Relations. AT&T is a prominent telecommunications and media company serving over 100 million consumers and nearly 3 million businesses.
AT&T (NYSE:T) will host a webcast of a keynote address by CEO John Stankey at the UBS Global TMT Conference on Monday, December 6, 2021, starting at 12 p.m. ET. The event will be held virtually, and interested viewers can access the live stream and replay through AT&T Investor Relations. AT&T provides communication and entertainment services to over 100 million U.S. consumers and nearly 3 million business customers. More details about the company can be found at about.att.com.
AT&T will webcast a keynote address by CEO Jeff McElfresh at the Wells Fargo Technology, Media and Telecom Summit on Tuesday, November 30, 2021, starting at 9:20 a.m. ET. The presentation will be virtual, with a live and replay option available on AT&T Investor Relations. AT&T, a leader in telecommunications, serves over 100 million U.S. consumers and nearly 3 million business customers, offering various entertainment and communication services.
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