At&T Stock Price, News & Analysis

AT&T (NYSE:T) will announce its first-quarter 2022 financial results on April 21, 2022, before the NYSE opens. A conference call is scheduled for 8:30 a.m. ET to discuss the results. Investors can access the earnings release and related materials through AT&T Investor Relations. With more than 100 million U.S. consumer connections, AT&T continues to be a dominant player in telecommunications, media, and entertainment.

Scener and HBO Max have partnered for a virtual screening of the new Max Original series DMZ on March 17 at 6PM PDT. Fans can interact with creators and stars like Roberto Patino and Ava DuVernay through a live Q&A followed by streaming the first episode. Up to 1 million guests can join this interactive experience, utilizing Scener's social features for real-time communication. DMZ, based on a DC Vertigo comic, portrays a woman's quest in a dangerous Manhattan.

AT&T has appointed seven directors to the Warner Bros. Discovery Board as part of its spin-off of WarnerMedia, which will merge with Discovery, Inc. This board will have 13 members, with AT&T selecting seven and Discovery six, including the Chairman. CEO John Stankey emphasized the diverse expertise of the new directors across finance, technology, and media. Notable appointments include Samuel A. Di Piazza, Jr. as Chairman and Li Haslett Chen as CEO of Narrativ. The spin-off transaction is expected to close in early Q2 2022.

AT&T has been recognized as one of the 2022 World's Most Ethical Companies by Ethisphere, marking the third consecutive year it has received this honor. As the only U.S.-based telecommunications firm on the list, AT&T joins 136 honorees across 22 countries and 45 industries. This recognition underscores the company’s commitment to ethics, integrity, and governance, which CEO John Stankey noted as a competitive advantage. The selection process assessed over 200 questions on various ethical practices and corporate governance.

Xandr and LiveIntent are expanding their partnership to introduce new data and identity offerings, launching over 15 exclusive data segments via the Xandr Data Marketplace. This collaboration will allow mutual clients to onboard their first-party audience segments onto various Xandr platforms. By integrating with InfoSum, they ensure data security while maximizing performance. The partnership enhances potential for advertisers in various verticals, including retail media and streaming. LiveIntent aims to build curated marketplaces for publishers to increase revenue opportunities.

Pascal Desroches, CFO of AT&T (NYSE:T), updated shareholders on growth strategies during the Deutsche Bank Media, Internet & Telecom Conference. The company aims to become America's leading broadband provider, expanding its wireless subscriber base and enhancing its fiber network. AT&T plans to achieve $2.5 billion in cost savings over two years while investing approximately $24 billion in growth for 2022 and 2023. Despite headwinds from the 3G shutdown and CAF II credits, a positive trend in wireless sales is anticipated, with upcoming earnings reported on April 21, 2022.

AT&T will host its 2022 Analyst & Investor Day today at 10 a.m. ET, outlining strategies for long-term growth, focusing on 5G and fiber networks. The company reiterated its guidance for 2023, expecting free cash flow around $20 billion. AT&T plans to double its fiber footprint to over 30 million locations and enhance its 5G network to cover more than 200 million people by year-end. The company aims for a simplified business model while prioritizing customer growth and optimizing returns on legacy businesses. Expect continued dividends around $8 billion post-WarnerMedia deal.

WarnerMedia has launched a new hub, WM Inclusive, focused on Equity + Inclusion initiatives. This digital platform aims to amplify underrepresented voices and showcase inclusive storytelling through various media channels, including newsletters, social media, and original content. The initiative is built around the motto “When You See Us, You See You” and seeks to enhance corporate communications while fostering a sense of belonging among employees and consumers. The hub will support the group’s pillars: Workforce, Content, Programs, and International.

AT&T Fiber has expanded its offerings to include speeds of up to 5 Gbps in over 100 metro areas, serving more than 7 million customer locations. The initiative is part of AT&T's goal to reach 30 million customers by 2025. AT&T will also introduce fiber service in Texas, Oklahoma, and Ohio by year-end 2022. With competitive pricing, starting at $110/month for 2 Gbps and $180/month for 5 Gbps, the service aims to address growing bandwidth demands and enhance user experiences with no data caps or equipment fees.