At&T Stock Price, News & Analysis

AT&T has announced enhancements to its Unlimited Elite plan, which now includes unlimited talk, text, and high-speed data in 19 Latin American countries at no extra cost. The upgrade, effective May 3, 2022, also includes the launch of the new ActiveArmor mobile security app, consolidating existing security features into a single platform. Additionally, customers on the Unlimited Starter plan will receive 3GB of mobile hotspot data at no added cost. These changes aim to improve customer experience in travel and security.

Xandr has launched a standardized data framework in collaboration with leading data providers including 605, Comscore, and VideoAmp. This initiative facilitates the quick evaluation and activation of alternative data currencies for data-driven TV advertising campaigns via its advanced platforms, Invest TV and Monetize TV. The multi-currency marketplace shift aims to streamline audience targeting and improve measurement efficacy, enhancing value for advertisers amid evolving industry demands leading up to the 2022/23 Upfronts.

AT&T reported first-quarter revenues of $38.1 billion, down 13.3% year-over-year, primarily due to divestitures. Diluted EPS decreased to $0.65 from $1.02 a year ago. However, the company achieved strong customer growth, adding 691,000 postpaid phone net adds, marking its best first quarter for this metric in over a decade. Cash from operations totaled $5.7 billion with free cash flow at $0.7 billion, down from $4.2 billion last year. The net debt increased by $12.8 billion, resulting in a net debt-to-adjusted EBITDA of 3.42x.

Northrop Grumman and AT&T have announced a collaboration to develop a digital battle network utilizing AT&T's 5G technology alongside Northrop Grumman's military systems. This partnership aims to support the U.S. Department of Defense by integrating distributed sensors and data across various domains. The joint effort focuses on creating a cost-effective, open architecture solution that enhances connectivity and operational capabilities for the DoD's Joint All Domain Command and Control (JADC2) initiative.

Xandr has launched Inventory Library on its Invest DSP, enhancing deal discovery and activation for programmatic advertising. This platform enables buyers to access over 1200 premium video and CTV deals from numerous publishers, streamlining the fragmented buying process. Key stakeholders praise the intuitive design and improved visibility into deal inventory, which aids campaign planning, especially in the current political advertising season. Xandr stands out due to its direct publisher relationships and robust deal curation capabilities, positioning itself as a leader in the evolving ad market.

On March 30, 2022, AT&T announced it will construct a $33 million fiber network in Oldham County, providing high-speed internet access to over 20,000 locations. This initiative aims to connect every home and small business in the region with symmetrical speeds of up to 5 Gigs for downloads and uploads. AT&T's extensive experience in Kentucky includes serving over 300,000 customer locations. The project is part of AT&T's commitment to bridging the digital divide, with affordable internet options for low-income households, fostering economic growth and educational opportunities.

AT&T has launched The Achievery, a free digital learning platform aimed at K-12 students, designed in collaboration with WarnerMedia. This new initiative is part of AT&T's $2 billion commitment to address the digital divide. The platform features engaging content from popular WarnerMedia films and shows, aiming to make distance learning entertaining and effective. Students can access lessons that align with academic standards, developed by leading educational organizations. The platform also aims to provide affordable internet access and educational content to enhance learning experiences.