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. reports company news tied to its wireless, fiber broadband and fixed-network connectivity businesses. Recurring updates include financial results, operating-segment changes, network performance, AT&T Fiber, 5G service, converged connectivity offerings such as OneConnect, and digital customer tools such as the AT&T app.
AT&T news also covers dividend declarations on common and preferred shares, capital allocation plans, conference appearances, customer partnerships such as the AT&T Points Plus Card with Citi, and marketing or sponsorship activity connected to the company's connectivity services.
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.
AT&T Inc. (NYSE:T) CFO Pascal Desroches provided updates on the company's wireless business at the Morgan Stanley European Technology, Media & Telecom Conference. He highlighted sustainable growth in wireless service revenue and EBITDA, expecting Q4 EBITDA to exceed Q3. Improved customer experience has reduced churn. Desroches anticipates stabilization in postpaid phone ARPU in 2022, driven by higher-ARPU plan adoption. He expressed confidence in HBO Max's growth, especially in international markets, and confirmed the pending WarnerMedia transaction is expected to close by mid-2022, with an annual dividend payout ratio of 40% to 43% on projected free cash flows.
AT&T has introduced a new managed cybersecurity solution aimed at U.S. federal agencies to modernize and secure their IT infrastructure in line with TIC 3.0 guidance. The AT&T Government Trusted Internet integrates SD-WAN technology, security measures, and fiber connectivity into a 24/7 managed service. This initiative addresses the increased cyber risks associated with the rise of mobile and cloud technologies and aims to enhance remote access and security for federal employees. The solution is immediately available and promotes a Zero Trust security framework.
The REVOLT Summit x AT&T returned to Atlanta from November 11-13, 2021, celebrating Black culture and empowering young leaders. Featuring performances by notable artists including Chance The Rapper and Lil Yachty, the event comprised educational panels and networking opportunities for the community. Attendees participated in mentorship sessions and competitions aimed at fostering innovation. The Summit culminated in an official proclamation for 'REVOLT TV & Media Day' in Atlanta, highlighting its cultural significance and the partnership's commitment to advancing the Black community.
AT&T will present a webcast featuring Pascal Desroches, Chief Financial Officer, at the Morgan Stanley European Technology, Media & Telecom Conference on November 17, 2021, at 9:30 a.m. ET. The presentation will be virtual and available for live viewing and replay on the AT&T Investor Relations website. This event highlights AT&T's strategic focus within the telecommunications and media sectors, providing insights into their operations and future directions.
AT&T has expanded its global managed Secure Access Service Edge (SASE) portfolio, introducing a new offering, AT&T SASE with Cisco. This solution integrates SD-WAN technology and security features to enhance cloud-based application utilization. It aims to meet evolving business connectivity demands, amid increased remote work and complex security needs. Available immediately, this service offers optimized network performance and centralized management for organizations, particularly in sensitive sectors like healthcare, by ensuring secure data access.
Xandr, AT&T's advanced advertising company, has launched a new deals platform within Xandr Monetize, aimed at empowering publishers with enhanced management of direct deal engagements. The platform focuses on driving high-value transactions and offers features like granular targeting, automated workflows, and rich deal monitoring. With the programmatic market evolving, Xandr's solution is positioned to help publishers leverage first-party data amidst upcoming identity changes. Early adopters include The New York Times and WebMD.
Xandr, a subsidiary of AT&T, has expanded its collaboration with Rakuten Advertising to enhance inventory access. This partnership enables Xandr to offer premium inventory from Rakuten's portfolio across CTV, digital video, and mobile platforms. The new agreement includes promotional support from Xandr’s Global Supply Evangelism Team and access to Rakuten Viki and Rakuten Viber for buyers in APAC and LATAM regions.
This strategic partnership aims to optimize advertising revenue for both companies while prioritizing transparency in the advertising ecosystem.
The U.S. Agency for International Development (USAID) has awarded AT&T a $182 million Task Order for 10 years to enhance its connectivity needs. This agreement, part of the GSA's Enterprise Infrastructure Solutions (EIS) contract, will support both domestic and international services, consolidating USAID's networks onto AT&T's global IP voice network. The transition to this network is set to be complete by early 2023, allowing USAID to access advanced capabilities, including cybersecurity and mobile data solutions. This collaboration aims to bolster USAID's humanitarian and development efforts globally.
AT&T and H2O.ai have launched an AI Feature Store designed to streamline data management for AI model development. This store is already operational at AT&T, handling over 465 petabytes of data daily, and is now available for other organizations. The H2O AI Feature Store enhances feature engineering efficiency, reducing the time required to build and deploy features significantly. With features like Automatic Feature Recommendations, it supports various sectors, including finance and healthcare, aiming to transform data into actionable insights quickly.