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. 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.
Xandr, AT&T's advanced advertising company, has announced investments to enhance its identity offerings. Key integrations include LiveRamp, netID, and Unified ID 2.0, aiming to balance advertising needs and consumer privacy. Xandr launches end-to-end support for RampID, aiding publishers in monetization and agencies in targeting. The company emphasizes first-party data and plans to roll out a Publisher ID suite in 2022. They also highlight advancements in contextual advertising solutions and collaboration on Unified ID 2.0 for broader industry readiness.
Ford and AT&T are enhancing the Rouge Electric Vehicle Center in Dearborn, Michigan, with advanced 5G cellular connectivity to support the production of the all-electric Ford F-150 Lightning. This collaboration aims to utilize AT&T's 5G technology, improving manufacturing efficiency and safety. The F-150 Lightning boasts a targeted range of 300 miles, and the enhancements will enable features like faster wireless vehicle updates and better automation. Ford has also announced a $250 million investment to create 450 new jobs at the facility, emphasizing sustainable production practices.
AT&T has announced the launch of advanced security capabilities specifically designed for 5G network deployments. The first offering is a next-generation managed firewall service aimed at enhancing security for IoT, OT, and IT use cases. This initiative aims to address the growing need for secure environments in 5G-enabled enterprises, especially as the attack surface expands with increased connectivity. The service is now available, providing businesses with 24/7 management and monitoring to mitigate cybersecurity threats and promote safe innovation.
AT&T reported third-quarter revenues of $39.9 billion, down 5.7% year-over-year, impacted by the separation of the U.S. Video business. However, diluted EPS rose to $0.82 from $0.39 the previous year. Operating income was $7.1 billion, influenced by reduced depreciation costs. Key highlights included 928,000 postpaid phone net adds and a rise in HBO Max subscribers to 69.4 million. The company expects full-year adjusted EPS growth at the high end of the low- to mid-single digits and aims for $26 billion in free cash flow.
AT&T is launching Notecard™, a solution designed to enhance the deployment of Internet of Things (IoT) devices globally. Developed by Blues Wireless, Notecard allows easy cloud connectivity with carrier-grade security using just two lines of code. By leveraging AT&T's LTE-M and NB-IoT networks, it aims to simplify IoT integration for various industries, contributing to a projected 40 billion connected devices by 2025 according to IDC. This solution reduces operational complexity and costs, potentially unlocking new revenue streams for manufacturers.
AT&T has launched a new Managed Extended Detection and Response (XDR) solution, designed to enhance cybersecurity for organizations. This cloud-based platform offers features like automated malware prevention, threat detection, and recovery, all backed by 24/7 monitoring. The solution addresses the increasing complexities of cyber threats while improving operational efficiency for security teams. Immediate availability allows clients to integrate advanced security measures swiftly, leveraging AT&T's award-winning Unified Security Management platform and machine learning capabilities.
On October 11, 2021, AT&T announced its recent achievement of winning two J.D. Power awards for business customer satisfaction. They secured the top position in the J.D. Power 2021 Business Wireless Satisfaction Study for large enterprises and medium businesses, following their earlier win in the Business Wireline Satisfaction Study. The awards reflect AT&T's commitment to enhancing customer support through significant operational transformations, including a 20% decrease in cycle time and increased on-time installation rates. Nearly 3 million businesses rely on AT&T for their connectivity needs.
On October 6, 2021, AT&T announced a strategic partnership with Frontier Communications to enhance fiber-optic connectivity for large enterprises. This collaboration aims to support AT&T's 5G mobility network and provide high-speed, low-latency connections in areas where AT&T lacks a fiber network. AT&T plans to expand its fiber infrastructure to reach 30 million locations by the end of 2025, while Frontier aims to provide fiber access to 10 million locations in the same timeframe. This agreement will allow AT&T to utilize Frontier's growing fiber network across 25 states.
AT&T Business introduced AT&T Dynamic Exchange (ADX), a solution enabling secure interconnectivity for businesses, facilitating seamless data sharing between partners. Utilizing AT&T Switched Ethernet on Demand or AT&T Virtual Private Network, ADX allows organizations to establish connections in minutes without long-term contracts. Key features include flexible bandwidth adjustments, secure connections with MPLS or Ethernet, and a pay-as-you-go model through a self-service web portal. Upcoming enhancements are set for 2022, including dynamic connectivity to public clouds and a business ecosystem online marketplace.
The U.S. Air Force has selected FirstNet, built with AT&T, to provide priority communications for public safety personnel at 15 bases nationwide. This agreement, covering a 21-year term, aims to modernize communication systems in alignment with national defense strategies. FirstNet will offer dedicated connectivity, supporting both LTE and 5G capabilities, enabling reliable communication among base first responders. With access to over 100 portable cell sites, FirstNet enhances operational readiness during critical events.