Investors

Why Invest

Connecting People to Greater Possibility

  • At AT&T, our purpose is to connect people to greater possibility – with expertise, simplicity, and inspiration.
  • Our strategy is to be the best converged connectivity provider – through 5G and fiber.
  • Customers are increasingly seeking one provider who can seamlessly connect them in their home, at work and on the go. As America’s largest fiber provider1 and with North America’s largest wireless network2, we are leading the way in offering world-class converged connectivity to more customers than anyone else.
About us

A Leader in American Connectivity

Our consistent, investment-led strategy benefits both customers and shareholders over the long run. As the only provider that owns and operates scaled 5G and fiber networks, we’re uniquely positioned to deliver the converged connectivity experiences that customers want.

  • AT&T Mobility provides nationwide, high-speed 5G wireless voice and data services to consumer, business and wholesale subscribers located in the United States.
  • AT&T Internet Air is now available in parts of 48 states for consumers and nationwide for businesses.
  • AT&T Fiber is America’s fastest Internet with the most reliable speeds3.
  • AT&T is the largest fiber provider in the U.S. and now passes 28 million+ fiber locations4 in 100+ metro areas.
  • We are on track to pass 30 million+ fiber locations4 by the end of 2025.
  • We have 9 million AT&T Fiber consumer subscribers and have added more than 1 million subscribers annually over the past 6 years (2018 - 2023).
  • There’s tremendous runway for converged subscriber growth, as about 4 out of 10 AT&T Fiber households also have wireless service as of September 30, 2024.
  • AT&T Business serves nearly 2.5 million customers, from the largest global companies and government agencies to small businesses and serves nearly all Fortune 1,000 companies.
  • FirstNet®, built with AT&T is the only nationwide, high-speed wireless broadband communications platform dedicated to and purpose-built for America’s first responders and the extended public safety community.
  • We offer mobile services to consumers and businesses in Mexico through our Latin America segment, with more than 22 million total subscribers as of December 31, 2023.
  • Our 4G LTE network in Mexico covers more than 100 million people and businesses and offers a seamless, cross-border North American wireless network.

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Delivering on Our Strategy:
2023 Milestones

$38.3B

Cash from Operating Activities

$16.8B

Free Cash Flow*

+1.7M

Postpaid Phone Net Adds

+1.1M

AT&T Fiber Net Adds

$6B+

Achieved targeted run-rate cost savings from 2020 through 2023

+2.4M

New fiber locations passed5

*Further clarification and explanation of non-GAAP measures and reconciliations can be found here.

Investing In Long-Term Growth & Shareholder Value

Wireless

Growing wireless the right way

9.7 million

Postpaid phone net additions over the past 5 years (2019 - 2023)

Fiber

Growing AT&T Fiber the right way

5.5 million

AT&T Fiber net additions over the past 5 years (2019 - 2023)

Investing

Investing to connect more people

>$145 billion

Invested in our wireless and wireline networks, including capital investments and acquisitions of wireless spectrum6 over the past 5 years (2019 - 2023)

Shareholders

Returning value to shareowners

$72 billion

Returned to shareowners through dividends and share buybacks over the past 5 years (2019 - 2023)

Connecting Changes Everything

Every day our teams connect more people in more places, in more ways.

John Stankey, AT&T CEO, speaks with CNBC's 'Squawk on the Street'

AT&T 3Q2024 Highlights

Connect to Change

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John Stankey, AT&T CEO, speaks with CNBC's 'Squawk on the Street'

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AT&T 3Q2024 Highlights

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Connect to Change

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Footnote:

  1. Based on the number of fiber to the home households using publicly available data
  2. Based on comparison of carrier owned and operated networks. No AT&T on-net coverage in select countries, including Canada.
  3. Limited availability in select areas. Based on analysis by Ookla® of Speedtest Intelligence® data nationwide Speed Score and Consistency Score for Q1–Q2 2024. Ookla trademarks used under license and reprinted with permission.
  4. Includes consumer and business locations. 22.7M of these locations are sellable consumer locations.
  5. Includes consumer and business fiber locations
  6. Represents total Capital Investment on a consolidated basis, including acquisitions of spectrum from 2019-2023. The years ended December 31, 2020 through 2023 present results from continuing operations, and the year ended December 31, 2019 includes comparable adjustments to remove capital expenditures from discontinued operations.