At&T Stock Price, News & Analysis

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.

AT&T has launched a new global managed Secure Access Service Edge (SASE) offering in partnership with Palo Alto Networks. This solution combines SD-WAN, security capabilities, and fiber-based network connectivity, designed to enhance network performance for enterprises and government entities. The SASE system enables secure remote access, optimizing user experience and reducing security risks. AT&T's SASE is immediately available through AT&T Business, providing scalable solutions tailored to organizational needs.

AT&T has been awarded a $725 million contract over 12 years by the U.S. Department of Veterans Affairs to modernize its data communications platform. This advancement aims to support the VA's mission of providing healthcare and benefits to around 18 million veterans and their families. AT&T will enhance the network's speed and capacity, enabling near-real-time access to medical records, which is expected to improve health outcomes. The project is already underway with planning in collaboration with the VA.

AT&T Inc. (NYSE:T) will hold a webcast discussion featuring Pascal Desroches, CFO, at the Credit Suisse Communications Conference on June 15, 2021, at 10:15 a.m. ET. The event will be available live and for replay on the AT&T Investor Relations website. AT&T is a global leader in telecommunications and media, serving over 225 million subscriptions in various sectors, including mobile and broadband for more than 100 million U.S. consumers. The company also provides robust services to nearly 3 million business clients.

Cisco and AT&T have partnered to enhance cloud communications for enterprise clients, particularly in adapting to a hybrid workforce. Over the next five years, they aim to provide up to 1 million users access to the UCMC platform via Webex Calling. This collaboration promises 99.99% uptime, facilitating rapid feature updates. Cisco’s solutions aim to streamline operations for businesses navigating the transition to hybrid work, leveraging AT&T’s robust network capabilities. Both companies emphasize the importance of integrating cloud, collaboration, and security technologies to meet evolving business needs.

AT&T has expanded its USM Anywhere platform by introducing a new advisory service, the AT&T USM Anywhere Advisors. This service provides expert cybersecurity support for threat detection and response, addressing challenges faced by overwhelmed security teams. The platform also launched new integrations with solutions from Fortinet, SentinelOne, and others to enhance threat management capabilities. The advisor service aims to streamline incident response and improve security operations efficiency.

AT&T (NYSE:T) will host four virtual talks featuring executives from May 31 to June 4, 2021. Jason Porter, president of public sector & FirstNet, speaks at the Cowen Technology, Media & Telecom Conference on June 1 at 9:10 a.m. ET. CEO Jeff McElfresh will address the Bernstein Strategic Decisions Conference on June 2 at 11:00 a.m. ET. Andy Forssell, EVP of HBO Max, presents at the Barclays Future of Media Conference on June 3 at 12:20 p.m. ET. Lastly, Igal Elbaz, SVP of wireless & access technology, will speak at the UBS Future of 5G Event on June 4 at 8:30 a.m. ET. Webcasts are accessible live and on replay through AT&T Investor Relations.

John Stankey, CEO of AT&T, updated shareholders at the J.P. Morgan Global Technology, Media and Communications Conference. He emphasized the strategic separation of media and communications operations, highlighting strong business momentum. AT&T Communications has seen the best wireless postpaid net additions in over a decade and a 25% increase in fiber subscribers year-over-year. The WarnerMedia-Discovery transaction is expected to provide $43 billion for debt reduction, enhancing financial flexibility and enabling increased investment in 5G and fiber. AT&T aims to expand its fiber footprint to 30 million locations by 2025.