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 expanded its USM Anywhere platform by introducing a new advisory service, the AT&T USM Anywhere Advisors. This service provides expert cybersecurity support for threat detection and response, addressing challenges faced by overwhelmed security teams. The platform also launched new integrations with solutions from Fortinet, SentinelOne, and others to enhance threat management capabilities. The advisor service aims to streamline incident response and improve security operations efficiency.
AT&T (NYSE:T) will host four virtual talks featuring executives from May 31 to June 4, 2021. Jason Porter, president of public sector & FirstNet, speaks at the Cowen Technology, Media & Telecom Conference on June 1 at 9:10 a.m. ET. CEO Jeff McElfresh will address the Bernstein Strategic Decisions Conference on June 2 at 11:00 a.m. ET. Andy Forssell, EVP of HBO Max, presents at the Barclays Future of Media Conference on June 3 at 12:20 p.m. ET. Lastly, Igal Elbaz, SVP of wireless & access technology, will speak at the UBS Future of 5G Event on June 4 at 8:30 a.m. ET. Webcasts are accessible live and on replay through AT&T Investor Relations.
John Stankey, CEO of AT&T, updated shareholders at the J.P. Morgan Global Technology, Media and Communications Conference. He emphasized the strategic separation of media and communications operations, highlighting strong business momentum. AT&T Communications has seen the best wireless postpaid net additions in over a decade and a 25% increase in fiber subscribers year-over-year. The WarnerMedia-Discovery transaction is expected to provide $43 billion for debt reduction, enhancing financial flexibility and enabling increased investment in 5G and fiber. AT&T aims to expand its fiber footprint to 30 million locations by 2025.
AT&T has launched a new cybersecurity solution, AT&T Threat Detection and Response for Government, aimed at federal, state, and local government agencies. This cost-effective service is built on the AT&T Unified Security Management platform and complies with FedRAMP requirements. Designed for quick deployment, it integrates with existing IT tools for comprehensive threat visibility. The solution aims to help agencies manage sensitive data and combat rising cybersecurity threats, allowing IT teams to focus more on mission-critical projects. It is available immediately to eligible U.S. government entities.
AT&T (NYSE:T) will host a keynote address by CEO John Stankey at the J.P. Morgan Global Technology, Media, and Communications Conference on May 24, 2021, starting at 8:00 a.m. ET. The event will be available for live viewing and replay on the AT&T Investor Relations website. AT&T is a global leader in telecommunications and entertainment, serving over 225 million subscriptions and providing services to nearly 3 million business customers.
Elliott Investment Management L.P. has expressed strong support for AT&T's plan to merge its media assets with Discovery. Managing Partner Jesse Cohn and Portfolio Manager Marc Steinberg highlighted that under CEO John Stankey's leadership, AT&T has made significant progress in streamlining operations and refocusing on core businesses. This move is viewed as a crucial step in enhancing the company's operational execution, financial position, and corporate governance, aligning AT&T for future success.
On May 17, 2021, AT&T Inc. (NYSE:T) announced that Igal Elbaz, senior vice president of Engineering and Operations, will not be speaking at the UBS Future of 5G Event due to the proposed combination of WarnerMedia with Discovery, Inc. This development includes AT&T's significant stake in WarnerMedia, which has a wide array of consumer brands such as HBO, CNN, and Warner Bros. AT&T serves over 225 million monthly subscriptions and provides services to both consumers and nearly 3 million business customers.
AT&T Inc. (NYSE:T) will host a webcast with Igal Elbaz, senior vice president of wireless & access technology, at the UBS Future of 5G Event on May 17, 2021, starting at 2:00 p.m. ET. This virtual presentation will be accessible live and for replay through AT&T Investor Relations. The company emphasizes its position as a global telecommunications leader, serving over 225 million monthly subscriptions across various services, including mobile and broadband. Key business segments include AT&T Communications, WarnerMedia, and operations in Latin America.
AT&T Inc. (NYSE:T) will host a webcast featuring Jason Kilar, CEO of WarnerMedia, at the MoffettNathanson Media & Communications Summit on May 13, 2021, at 12:00 p.m. ET. The event will be available for live viewing as well as replay on AT&T Investor Relations. AT&T, a leading telecommunications and media company, has over 225 million monthly subscriptions and provides various services, including mobile, broadband, and pay-TV across multiple regions.
AT&T has launched its 5G+ service at Lumen Field, enhancing fan experience with high-speed connectivity using millimeter wave spectrum. This upgrade benefits AT&T customers with compatible devices and plans, allowing them to enjoy immersive experiences during events. Additionally, public safety officials using FirstNet will have priority access to 5G+ for reliable communication. Currently available in parts of 38 cities and over 20 venues nationwide, this initiative aims to support fans and first responders alike, offering improved connectivity during high-traffic events.
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