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. (NYSE: T) generates frequent news as a major U.S. telecommunications company focused on 5G wireless and multi-gig internet connectivity. Company releases emphasize how AT&T connects more than 100 million U.S. families, friends and neighbors, plus millions of businesses, through its wireless and broadband networks. This news page aggregates those company announcements and related coverage in one place.
Visitors can review updates on AT&T’s network investments, such as the deployment of mid-band spectrum it agreed to acquire from EchoStar to thousands of cell sites across many cities, intended to increase 5G speed and capacity for both mobility and AT&T Internet Air customers. News items also cover AT&T’s multi-year growth plan centered on expanding advanced high-speed internet and wireless connectivity, including references to planned fiber expansion and agreements related to fiber internet businesses, subject to regulatory and customary conditions.
AT&T’s news flow also highlights partnerships and specialized connectivity solutions. Recent releases describe collaborations with Mitsubishi Motors North America to embed AT&T 5G in a flagship SUV for connected car services, and joint efforts with organizations in senior care and healthcare-related fields to deliver immersive virtual reality therapeutics over AT&T’s secure and reliable 5G network. Other stories show AT&T powering large events, such as a Formula 1 race week in Las Vegas, where the company supports race team data, fan connectivity, and public safety communications through FirstNet, Built with AT&T.
Investors and observers can also follow capital allocation and financial communications, including dividend declarations on common and preferred shares, share repurchase plans mentioned in conference remarks, and schedules for quarterly earnings releases and investor webcasts. Bookmark this page to access a running record of AT&T’s official announcements, strategic updates, and sector-specific initiatives.
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.
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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.
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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.