Summary of AT&T Inc. Conference Call Company Overview - **Company**: AT&T Inc. (NYSE:T) - **Event**: Bank of America C-Suite TMT Conference - **Date**: June 20, 2023 - **Participants**: Pascal Desroches (CFO), David Barden (Bank of America) Key Points Industry and Market Context - The U.S. wireless market is experiencing a normalization of payment patterns post-pandemic, with consumer behavior returning to pre-pandemic norms [5][6] - The overall industry construct is described as healthy, with subscriber growth and record revenues and profits reported in Q1 [5][6] - AT&T's average revenue per user (ARPU) is growing, and the company has one of the lowest churn rates in the industry [5][6] Financial Performance - AT&T reported record first-quarter wireless service revenues and profits, with a growth expectation of over 4% for wireless service revenues in 2023 [11] - The company anticipates around 300,000 postpaid phone net adds for the current quarter, influenced by a government contract loss and slight churn increase [8][9] - Free cash flow for Q2 is expected to be in the range of $3.5 billion to $4 billion, with a target of $16 billion or more for the year [31][32] Competitive Landscape - The competitive dynamics among major players (AT&T, T-Mobile, Verizon) are rational, with price increases indicating confidence in the market [12][15] - AT&T's strategy focuses on maintaining a disciplined approach to subscriber growth, prioritizing profitability over sheer numbers [12][11] Fiber Strategy - AT&T is prioritizing fiber investments over fixed wireless access, believing fiber to be a long-term solution with better economics and lower maintenance costs [48][49] - The company is the largest fiber provider in the U.S. and is expanding its fiber reach, with government subsidies expected to support this growth [49][50] Enterprise Business - The enterprise segment has been a drag on revenue and EBITDA growth, but there are opportunities for growth through fiber expansion and new services enabled by 5G [55][56] - AT&T is focusing on small and mid-sized businesses, which have been under-penetrated, and is exploring new connectivity solutions [55][56] Miscellaneous - There are no ongoing discussions with Amazon regarding partnerships, and rumors about such collaborations are dismissed as unfounded [21][24] - The company is not considering acquiring DISH, as it is focused on optimizing its existing assets [24][25] Conclusion - AT&T's management expresses confidence in the company's strategic direction, financial performance, and market position, emphasizing a disciplined approach to growth and investment in fiber technology [12][49][55]

51st Annual J.P. Morgan Global Technology, Media and Communications Conference John Stankey ...

AT&T Inc. (NYSE:T) J.P. Morgan 51st Annual Global Technology, Media and Communications Conference Transcript May 22, 2023 5:10 PM ET Executives John Stankey - Chairman and CEO Analysts Philip Cusick - J.P. Morgan Philip Cusick All right. Thanks for joining us. Welcome to the 51st Annual J.P. Morgan TMC Conference. I am Philip Cusick. I follow the communications and media space here at J.P. Morgan. I want to welcome John Stankey, Chairman and CEO of AT&T. John Stankey It’s good to be here. Philip Cusick John ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-8610 AT&T INC. Incorporated under the laws of the State of Delaware I.R.S. Employer Identification Number 43-1301883 208 S. Akar ...

AT&T Investor Update April 20, 2023 2023 1st QUARTER EARNINGS ...

AT&T Inc. (NYSE:T) Q1 2023 Results Conference Call April 20, 2023 8:30 AM ET Company Participants Amir Rozwadowski - Senior Vice President, Finance and Investor Relations John Stankey - Chief Executive Officer Pascal Desroches - Chief Financial Officer Conference Call Participants Phil Cusick - JPMorgan Simon Flannery - Morgan Stanley John Hodulik - UBS Brett Feldman - Goldman Sachs Michael Rollins - Citi David Barden - Bank of America Frank Louthan - Raymond James Walter Piecyk - LightShed Partners Operato ...

Morgan Stanley Technology, Media, & Telecom Conference Jeff McElfresh Chief Operating Officer AT&T Inc. March 8, 2023 ...

FORM 10-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to Commission File Number: 001-8610 AT&T INC. Incorporated under the laws of the State of Delaware I.R.S. Employer Identification Number 43-1301883 208 S. A ...

AT&T Inc. (NYSE:T) Q4 2022 Earnings Conference Call January 25, 2023 8:30 AM ET Company Participants Amir Rozwadowski - SVP, Finance & IR John Stankey - CEO Pascal Desroches - Senior EVP & CFO Conference Call Participants Brett Feldman - Goldman Sachs John Hodulik - UBS Phil Cusick - JPMorgan Simon Flannery - Morgan Stanley David Barden - Bank of America Craig Moffett - SVB MoffettNathanson Michael Rollins - Citigroup Operator Thank you for standing by. Welcome to AT&T's Fourth Quarter 2022 Earnings Cal ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-8610 AT&T INC. Incorporated under the laws of the State of Delaware I.R.S. Employer Identification Number 43-1301883 208 S. Ak ...