At&T Stock Price, News & Analysis

AT&T will host a webcast of a keynote address by CEO John Stankey at the J.P. Morgan Global Technology, Media & Communications Conference on May 23, 2022. The event begins at 8:00 a.m. ET in Boston. Interested viewers can access the live stream and replay through AT&T Investor Relations. This conference aims to showcase AT&T's ongoing innovations in communications and technology. The company connects over 100 million people in the U.S., enhancing lives through advanced 5G wireless and internet services.

AT&T announced cash tender offers for up to $5 billion of its outstanding notes under the "Higher Coupon Offers" and $3 billion under the "Discount Offers." The offers aim to purchase various series of notes, with specific conditions and dates outlined in the Offers to Purchase. The acceptance priority levels for the notes are detailed, and the offers will expire on May 20, 2022. Holders may withdraw their tendered notes until this date. Settlement for accepted notes is expected by May 26, 2022. The total consideration will include accrued coupon payments.

Boonville, Indiana has announced a $4.4 million project with AT&T to deploy a fiber network servicing over 4,000 locations. This initiative aims to enhance connectivity, providing speeds of up to 5 Gbps. The project, which is expected to be completed in 18 months, is contingent on funding approval from the city and a final contract with AT&T. Mayor Charlie Wyatt emphasized the importance of reliable internet access for residents. AT&T's extensive experience in Indiana positions it well to improve digital accessibility.

AT&T has launched the first nationwide location-based routing for 9-1-1 calls, enhancing emergency response efficiency. This system accurately determines a caller's location using GPS, reducing error margins to 50 meters, a significant improvement over the previous 10-mile radius method. The rollout is active in multiple states, with full implementation expected by June. Approximately 80% of 9-1-1 calls are now made from mobile devices. This initiative aims to provide faster, more reliable emergency services, showcasing AT&T's commitment to public safety and innovative communication solutions.

AT&T is supporting small businesses during National Small Business Week (May 1-7, 2022) with new offers including free credit card processing on up to $10K in sales from Square for customers of AT&T Business Fiber or Wireless Broadband. The initiative includes a sweepstakes with a grand prize of $10,000. Additionally, AT&T continues its Smart Advice for Small Business webinar series, featuring entrepreneur Barbara Corcoran. This effort aims to enhance the success of over 2 million small business customers.

Los Angeles Unified School District and AT&T are providing free high-speed broadband to students' homes through the FCC's Emergency Connectivity Fund until June 2023. This initiative, part of Superintendent Alberto M. Carvalho's 100-Day Plan, addresses the Homework Gap faced by 19% of households in Los Angeles County lacking reliable internet. Families with enrolled students can sign up for AT&T FIBER services with speeds up to 1 GIG. The program aims to enhance educational access and digital literacy, ensuring students have essential tools for academic success.

AT&T has secured a task order worth $15 million over 11 years from the Defense Information Systems Agency to modernize GuardNet, the Army National Guard's command and control network. The modernization aims to enhance telecommunications services to over 124,000 users across various locations. By improving network capabilities, such as virtual private networking and high-speed secure cloud connectivity, AT&T is positioned to support the Army National Guard's training and mission execution effectively.

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.