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.
AT&T has appointed Jason Porter as the President of its Public Sector and FirstNet organization as of February 25, 2021. In this role, Porter will oversee Government Solutions, serving Federal, State, Local Government, and Education customers. He also continues to lead the FirstNet business, focusing on advanced communications for first responders, under a 25-year public-private partnership, the largest government contract for a telecom provider. Porter has extensive leadership experience at AT&T, including roles in cybersecurity and technology planning.
AT&T will present a keynote address by Jason Kilar, CEO of Warner Media, at the Morgan Stanley Technology, Media and Telecom Conference on March 4, 2021, starting at 7:30 a.m. ET. This event will be held virtually, with the webcast available for live viewing and replay on AT&T Investor Relations. Investors are encouraged to tune in a few minutes beforehand in case of schedule changes.
AT&T will host its Analyst & Investor Day on March 12, 2021, at 9 a.m. CT, via webcast. The event aims to provide updates on AT&T's business strategy, investment, and capital allocation plans. This key event will shed light on the company's performance and future direction, engaging both investors and analysts. Further details, including access information, will be shared closer to the date. AT&T, a leader in telecommunications and media, serves over 100 million U.S. consumers and nearly 3 million business customers.
Enseo has partnered with WarnerMedia to offer the HBO app in hotel rooms via its Catapult Tech™ in-room entertainment platform. This initiative allows participating hotels to provide guests free access to HBO's extensive library, regardless of their personal subscriptions. The deal responds to increased demand for in-room entertainment, which rose by 49.3% during the pandemic. Additionally, the HBO service is accessible through Enseo's touchless remote, enhancing guest safety. This collaboration aims to meet evolving content demands and improve the guest experience in hospitality.
AT&T's FirstNet now covers over 2.71 million square miles, adding nearly 100,000 square miles in 2020 alone. The network serves more than 15,000 agencies with over 2 million connections nationwide, highlighting its critical role in public safety communications. Recent additions include the Los Angeles Police Department and City of Cambridge. FirstNet enhances coverage with Band 14 spectrum and plans for over 1,000 new sites to improve connectivity in rural and underserved areas. The network is designed for efficient communication during emergencies, providing dedicated service to first responders.
Courageous Studios, in collaboration with VantageScore Solutions, TransUnion, and American Express, launched a new content campaign targeting financial health amidst ongoing pandemic challenges. The campaign reveals that 57% of Americans are still facing financial difficulties due to COVID-19. 'The Game Plan', hosted by Dhani Jones, is a five-part video series providing actionable advice on managing finances during crises. The series highlights real stories and expert insights to aid viewers in improving their financial literacy and credit health, featuring tools like MyCredit Guide by American Express.
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AT&T has successfully implemented its 5G capabilities across the U.S. Department of Veterans Affairs Puget Sound Health Care System in Seattle, marking an industry-first deployment. This public-private partnership aims to enhance healthcare delivery for the approximately 9 million veterans utilizing VA services. Key features include mobile connectivity for medical devices and advanced training through AR and VR technologies. The 5G Distributed Antenna System installation is complete, with plans for further deployments in 2021 to improve service speed and reliability.
AT&T Inc. (NYSE:T) reported a fourth-quarter revenue of $45.7 billion with a net loss of $13.9 billion or ($1.95) per share, affected by non-cash charges. Adjusted EPS was $0.75, down from $0.89 year-over-year. Yearly revenues totaled $171.8 billion, marking a decrease from $181.2 billion in 2019. Subscriber growth continued with 800,000 postpaid phone adds in Q4 and over 41 million HBO Max subscribers. The company anticipates 1% revenue growth in 2021, with free cash flow expected around $26 billion.
FirstNet, Built with AT&T has launched four innovative communication solutions for first responders: FirstNet MegaRange™, Z-Axis, Compact Rapid Deployables™, and Land-Mobile-Radio (LMR) interoperability. These tools enhance situational awareness and connectivity, particularly in challenging environments. For the third year in a row, AT&T has been recognized by Frost & Sullivan for its innovation in public safety. These advancements aim to improve emergency communication efficiency and ensure that public safety officials can respond effectively in urgent situations.