AT&T Inc. reports company news tied to its wireless, fiber broadband and fixed-network connectivity businesses. Recurring updates include financial results, operating-segment changes, network performance, AT&T Fiber, 5G service, converged connectivity offerings such as OneConnect, and digital customer tools such as the AT&T app.
AT&T news also covers dividend declarations on common and preferred shares, capital allocation plans, conference appearances, customer partnerships such as the AT&T Points Plus Card with Citi, and marketing or sponsorship activity connected to the company's connectivity services.
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.
WarnerMedia is set to showcase its presence at SXSW 2022 with the WarnerMedia House in Austin from March 11-13. This interactive space will feature content from its entertainment, news, and sports brands, including panel discussions and screenings. Key programming themes include 'Closer to Your Heroes,' 'Culture Shifts,' and 'Raise the Curtain.' The house will host exclusive events like a fireside chat with Brené Brown and film screenings, enhancing audience engagement. WarnerMedia is an official SXSW sponsor, welcoming badge holders to the immersive experiences.
AT&T (NYSE:T) will webcast a keynote address by CFO Pascal Desroches at the Deutsche Bank Media, Internet & Telecom Conference on March 14, 2022, in Palm Beach, Fla. The presentation starts at 8:50 a.m. ET and will be available live and for replay via AT&T Investor Relations. The company is a global leader in telecommunications, media, and entertainment, providing communications and entertainment experiences to over 100 million U.S. consumers. More details can be found at AT&T’s official website.
Xandr has launched an innovative end-to-end technology platform for political advertising, encompassing its Invest DSP, Monetize SSP, and Xandr Curate solutions, available in all 50 states. This platform is designed to assist advertisers in programmatically purchasing political ads with enhanced features like specialized political deal catalogs and transparent reporting. Additionally, the Monetize SSP aids publishers in capitalizing on political spending. Xandr’s support includes extended service-level agreements for political buyers.
On March 11, 2022, AT&T will host its Analyst & Investor Day at 10 a.m. ET, where the company plans to share insights about its business strategy and capital allocation plans. The event will be accessible via live webcast, with presentation materials available on AT&T Investor Relations. A replay and transcript will be provided post-event. With over 100 million U.S. consumers, AT&T is a leader in telecommunications and media, offering a diverse range of communication and entertainment services.
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AT&T is enhancing its private cellular network capabilities with the AT&T Private 5G Edge, designed for businesses, universities, and public sectors. This new platform integrates 4G/5G networks with edge computing, allowing low-latency services and connectivity beyond private network borders through AT&T's public network. Developed in collaboration with Microsoft, it aims to simplify the deployment of private networks across various industries, including manufacturing and healthcare.