At&T Stock Price, News & Analysis

AT&T and Google Cloud have announced new solutions leveraging AT&T's 5G and Google Cloud's edge computing capabilities. The collaboration aims to enhance business operations across various industries, including retail, healthcare, and manufacturing. Key features include the Multi-access Edge Compute (MEC) solution and AT&T Network Edge capabilities, which promise improved data control, security, and reduced latency. The companies plan to roll out services in major cities, starting with Chicago, and are focused on delivering transformative customer experiences.

AT&T has announced a strategic partnership with Microsoft to migrate its 5G mobile network to the Microsoft cloud, utilizing Azure for Operators. This alliance will enhance AT&T's productivity and cost efficiency while managing its network traffic. Microsoft will acquire AT&T’s carrier-grade Network Cloud technology, enhancing its telecom offerings. The move allows AT&T to reduce engineering costs and innovate rapidly, retaining customer relationships. The companies will not disclose financial terms, but this shift is expected to align with the growing demand for cloud-driven mobile services.

AT&T Inc. (NYSE: T) has declared a quarterly dividend of $0.52 per common share, payable on August 2, 2021, to stockholders of record by July 9, 2021. Additionally, dividends were announced for the company’s perpetual preferred stocks: 5.000% Series A at $312.50 per share and 4.750% Series C at $296.875 per share. The total dividends reflect AT&T's commitment to returning value to shareholders.

AT&T has appointed Luis Ubiñas to its board of directors, effective immediately. Ubiñas, 58, has extensive experience in business and government, having served as a senior partner at McKinsey & Company and as President of the Ford Foundation. He will also bring his expertise from advising various companies and currently serves on the boards of Electronic Arts and Tanger. His election raises the total number of directors on AT&T's board to 13, where he will participate in the Public Policy and Corporate Reputation committee.

AT&T's FirstNet is enhancing emergency response capabilities by expanding its fleet of deployable network assets for public safety. The initiative introduces over 100+ land-based and airborne portable cell sites, available at no extra cost. Key additions include 3 Communications Vehicles, 4 Micro SatCOLTs for wildfire support, and 10 SatCOLTs for enhanced connectivity. The expansion responds to increased requests from agencies, exceeding 200 this year for events from COVID-19 vaccination to natural disasters. This strategic move aims to further support first responders across the U.S.

AT&T is intensifying its efforts against robocalls, blocking or labeling over a billion calls monthly. This increase is attributed to its advanced spam protection strategy that includes AT&T Call Protect, a dedicated fraud team, and the STIR/SHAKEN call authentication protocol. The company aims to double its previous year’s efforts with the help of these technologies, enhancing call security for both consumer and business lines. AT&T is also collaborating with law enforcement to tackle illegal calls, contributing to significant fines against scammers.

AT&T Inc. (NYSE:T) will release its second-quarter 2021 results on July 22, 2021, before 7 a.m. ET. A conference call discussing these results will follow at 8:30 a.m. ET. The earnings report and related materials will be accessible via AT&T Investor Relations. A live webcast of the conference call will also be available, with a replay for later viewing.

On June 21, 2021, AT&T announced the launch of private 5G testbeds at Texas A&M University's RELLIS Campus, set to open this fall. These testbeds will enable public and private organizations to develop and innovate 5G applications, enhancing areas like defense and commercial sectors. Funded by the Texas Legislature, they will focus on autonomous vehicles, augmented reality, robotics, and cybersecurity. AT&T aims to leverage a $110 billion investment from 2016 to 2020 to drive 5G advancements.

AT&T's CFO, Pascal Desroches, spoke at the Credit Suisse Communications conference, updating shareholders on the company's positive mobility strategy which has reversed previous subscriber losses. AT&T plans to cover 200 million people with its C-band spectrum by the end of 2023, enhancing 5G capabilities. The company aims to double its fiber footprint to 30 million locations by 2025. Desroches anticipates WarnerMedia will benefit from pandemic recovery, maintaining an EBITDA CAGR in the mid-single digits and over $20 billion in annual free cash flow post-WarnerMedia-Discovery transaction.