AT&T Inc. (NYSE:T) Morgan Stanley Technology, Media & Telecom Conference Call March 4, 2024 1:15 PM ET Company Participants Jeff McElfresh - Chief Operating Officer Conference Call Participants Simon Flannery - Morgan Stanley Simon Flannery Alright. Good morning, everybody. Welcome to San Francisco. I’m Simon Flannery, I cover telecom services and communications infrastructure. It’s my great pleasure to welcome back Jeff McElfresh, COO at AT&T. Welcome, Jeff. Great to have you here. I think you have some sa ...

There's a lot of uncertainty in the stock market, and investors looking for a consistent dividend payout don't need to look further than Verizon (VZ -0.15%). The company has some of the best wireless assets in the U.S. and is improving cash flow after the 5G buildout.In this video, Travis Hoium covers the company's trends and shows why it's a great dividend stock.*Stock prices used were end-of-day prices of March 2, 2024. The video was published on March 3, 2024. ...

Core Insights - AT&T is successfully executing its long-term growth strategy and is on track to meet its financial guidance [1][4] - The company is experiencing strong demand for its 5G and fiber connectivity services [1][5] - AT&T is one of the largest investors in the U.S., with a projected capital investment of $21-22 billion for 2024 [1][3] Investment Strategy - AT&T's investment-led strategy, initiated over three years ago, is driving customer growth and improving returns [2] - The company has invested over $145 billion in its wireless and wireline networks from 2019 to 2023 [3] Network Infrastructure - AT&T boasts the largest wireless network in North America, covering over 210 million people with mid-band 5G spectrum [3] - The company also has the largest fiber network, passing 26 million consumer and business locations [3] - AT&T aims to reach over 30 million fiber locations by the end of 2025 [3] Financial Performance - The company is confident in achieving its financial targets, including an additional $2 billion in cost savings by mid-2026 [4] - AT&T plans to reduce net debt and aims for a net-debt to adjusted EBITDA ratio of 2.5x in the first half of 2025 [4] Customer Relationships - AT&T is focused on building strong relationships with high-quality 5G and fiber customers, benefiting from its extensive network [5] - The company is seeing healthy trends in the wireless industry and steady demand for fiber services [5] Technological Advancements - AT&T is investing in Open Radio Access Networks (Open RAN) to enhance its supplier ecosystem and drive efficiencies [3] - The company offers a range of connectivity solutions, including 5G, fiber, and fixed wireless access products [6]

DALLAS, March 1, 2024 /PRNewswire/ -- This brings the number of AT&T directors to 11 Key Takeaways: Marissa Mayer joins the AT&T Board of Directors, effective immediately. She will serve on two committees: Audit as well as Corporate Development and Finance. AT&T* (NYSE: T) elected Marissa Mayer to its board of directors, effective immediately. She will serve on the Audit committee as well as the Corporate Development and Finance committee. Her election brings the number of AT&T directors to 11. Mayer is C ...

New York Attorney General Letitia James said Thursday her office is investigating the cause of last week’s AT&T wireless outage for up to 12 hours as well as the telecom firm’s response.The Federal Communications Commission is also investigating the Feb. 22 outage.AT&T said on Saturday it would provide $5 billing credits for consumers who were impacted but has not disclosed how many customers temporarily lost service. New York Attorney General Letitia James said her office will investigate the cause of the ...

It has certainly been a wild few days for investors in AT&T (NYSE:T). Last week, T stock initially sank on news of a major network outage. Shares then recovered on Friday only to be down again by about 1% today. This move comes as news surfaces about an AT&T outage credit that will come into effect for individuals impacted by the lapse in service. AT&T will issue a $5 credit to the statements of the 70,000 or so customers who reportedly saw data connection issues while roaming outside of WiFi areas late las ...

Key TakeawaysAT&T said it would reimburse customers a full day of service for the carrier's more than 10-hour outage on Thursday last week.Chief Executive John Stankey said in a letter to the employees Sunday that the company's 2024 business objectives will be achievable even with the credit given to affected customers.Stankey said the outage was due to an “incorrect process” used when the company was working at expanding its network.AT&T (T) said it would reimburse customers a full day of service for the c ...

DALLAS, Feb. 26, 2024 /PRNewswire/ -- Tune in for a fireside chat with our Chief Operating Officer at the Morgan Stanley Conference on Mon., March 4 at 1:15 p.m. ET. Key Takeaways: AT&T to webcast fireside chat with Jeff McElfresh at Morgan Stanley Conference Webcast will be available live and for replay AT&T* (NYSE:T) will webcast a fireside chat with Jeff McElfresh, chief operating officer, AT&T Inc., at the Morgan Stanley Technology, Media and Telecom Conference on Monday, March 4, 2024. The conversati ...

AT&T CEO John Stankey shared a letter sent to employees on Sunday after the company's cellular network experienced an outage on Thursday that impacted tens of thousands of Americans. AT&T's network's hourslong outage on Thursday resulted in about 73,000 outage reports on Downdetector, a website that tracks internet and cellular network outages."Thursday was a challenging day for our company," Stankey wrote. "Our purpose is to connect people to greater possibility, and we fell short of what we typically do s ...

AT&T will credit customers a full day of service for the carrier’s more than 10-hour outage on Thursday that affected more than 70,000 users, saying it was the “right thing to do.”“I believe this approach is fully manageable while achieving the 2024 business objectives we have set for ourselves and our stated financial guidance,” CEO John Stankey told employees in a letter.Service was restored late on Thursday on AT&T’s 5G network which covers around 290 million people across the United States.An initial re ...