AT&T表示，这种结构将有助于支持AT&T Fiber在其传统固定电话业务之外的扩张。该公司还重申了 2025年的财务指引。2022年，AT&T宣布与贝莱德公司建立类似的合作伙伴关系，名为Gigapower LLC。 智通财经APP获悉，AT&T(T.US)同意以57.5亿美元收购Lumen Technologies(LUMN.US)的消费者光纤业 务，扩大其在丹佛和拉斯维加斯等主要城市的快速宽带服务。根据周三的一份声明，AT&T将为Lumen 支付现金。这笔交易还有待监管部门的批准，预计将于明年上半年完成。消息公布后，在盘后交易中， Lumen一度上涨25%，至4.77美元;截至发稿，涨幅收窄至11%。 这笔交易有助于AT&T实现其长期目标，即让更多的家庭和企业可以接触到其光纤线路。这家总部位于 达拉斯的无线和宽带公司现在表示，AT&T的目标是到2030年达到6000万个地点，大约是AT&T光纤目 前可用地点的两倍。Lumen此前曾表示，消费者光纤业务与其服务企业客户的重点不相符。AT&T表 示，Lumen拥有100万光纤用户，覆盖了美国11个州的400多万个地点。 作为交易的一部分，AT&T将成立一家新的 ...

神奇 4 侠 " 大战 " 超人 超级英雄片也有回暖之势。5月2日在北美上映的《雷霆特攻队*》用3.28亿美元的全球票房为漫威宇宙"续了命"。接下来，《神奇4侠：初露锋芒》也将于7 月25日在北美上映。"F4"作为已经翻拍多次的超级英雄组合，这次不仅请来佩德罗·帕斯卡、凡妮莎·柯比等好莱坞当红明星出演，还将正式融入漫威主宇宙 之中，惊奇先生、隐形女面对的将是"行星吞噬者"这样的超级大反派，复古画风和炫目特效是这部新版"F4"的主要卖点。 眼见漫威带来暑期档"二连击"，另一家"超英"品牌DC也不甘示弱：新版《超人》将于7月11日重返银幕。该片起用新人大卫·科伦斯韦来饰演超人，从漫威跳 槽至DC的知名导演詹姆斯·古恩誓要从这部新版《超人》着手，重塑整个"DC宇宙"。 当然，暑期档里也不全是IP电影。6月27日上映的《F1：赛道风云》是今年为数不多的原创动作大片之一。布拉德·皮特饰演退役的传奇车手，作为导师重出 江湖，与新人共同组队，完成赛道上的最后一次驰骋。与超英片相比，此类赛车竞速题材显得更加复古，特技特效也偏传统，更适合喜欢传统好莱坞动作片 和体育题材的观众。 出乎很多人意料，今年好莱坞暑期档的第一匹"黑马" ...

Summary of Lumen Technologies Conference Call Company Overview - **Company**: Lumen Technologies - **Acquisition**: AT&T has acquired Lumen's mass markets fiber to the home business for **$5.75 billion** in cash [3][4][5] Key Points Transaction Details - The acquisition includes operations in **11 states**, approximately **4 million enablements**, and nearly **1 million customers** [5] - The deal is expected to close in the **first half of 2026** [5] - Lumen retains critical network infrastructure, including national, regional, state, and metro level fiber networks, as well as enterprise and wholesale relationships [5][6] Financial Implications - The retained assets are valued at approximately **$6 billion**, equating to about **$1,400 per enablement** [6] - Combined with the sale proceeds, Lumen anticipates a total of **$11.75 billion** or about **$2,900 per enablement** [6] - The consumer fiber assets being sold are projected to generate over **$750 million** in annual revenue [7] - After the transaction, Lumen plans to reduce debt by approximately **$4.8 billion**, leading to an estimated annual interest expense reduction of **$300 million** [7] - Annual capital expenditures (CapEx) are expected to decrease by about **$1 billion**, resulting in a positive cash flow impact of approximately **$1.3 billion** post-transaction [7] Strategic Focus - Lumen aims to focus on the enterprise market, which has a total addressable market (TAM) exceeding **$80 billion** [3] - The company is transitioning from a legacy telecom model to a more innovative approach, emphasizing AI and multi-cloud solutions [10][11] - Plans to expand the physical network to **47 million miles** by **2028** [11] Operational Changes - The transaction allows Lumen to simplify operations and strengthen its balance sheet, with a goal to reduce net debt to adjusted EBITDA from **4.9 times to 3.9 times** [7] - The company is committed to maintaining operational excellence and investing in growth and innovation [49][50] Customer and Market Dynamics - Lumen is responding to customer demands for faster and more efficient services in a rapidly evolving digital landscape [12] - The company is positioned to deliver high-value network architectures that enhance performance and security for enterprise customers [12][13] Future Outlook - Lumen's leadership expresses confidence in the company's transformation and the opportunities ahead, particularly in the AI and cloud sectors [15][49] - The company plans to share more details about its strategy and financial outlook at the upcoming Investor Day in the fall [81] Additional Considerations - The transaction is expected to have minimal operational disruptions, with existing commercial service agreements in place to ensure continuity [23][71] - Lumen's copper consumer business will continue to provide cash flow during the transition period, with a long-term strategy for decommissioning and monetizing these assets [28][30] This summary encapsulates the key points from the Lumen Technologies conference call, highlighting the strategic acquisition by AT&T, financial implications, operational changes, and future outlook for the company.

AT&T以57.5亿美元收购Lumen的大众市场光纤业务。 ...

智通财经5月22日电，AT&T以57.5亿美元收购Lumen的大众市场光纤业务。 ...

Core Viewpoint - T-Mobile and AT&T are leading players in the U.S. telecommunications industry, each with distinct strategies and competitive advantages in the evolving market landscape [1][2][3]. T-Mobile Analysis - T-Mobile holds a strong position in the 5G market, with its network covering 98% of Americans, approximately 330 million people [4]. - The company has experienced significant postpaid customer growth and is enhancing its working capital management to improve free cash flow [4]. - T-Mobile is investing in network infrastructure to reduce outages and is collaborating with Starlink to introduce direct-to-cell service, aiming to expand its 5G offerings [6]. - The company has launched low-priced service plans to attract customers, which is leading to margin pressure due to intense competition from AT&T and Verizon [5]. - T-Mobile's sales and EPS estimates for 2025 indicate year-over-year growth of 5.91% and 9.27%, respectively, with EPS estimates improving by 1.44% over the past 60 days [11]. AT&T Analysis - AT&T is focusing on 5G and fiber investments, adapting its business model to market changes, and is seeing positive traction in its postpaid portfolio due to improved international roaming and higher-priced plans [7]. - The company is deploying an open radio access network (Open RAN) using Ericsson technology to enhance its network infrastructure and reduce reliance on non-U.S. vendors [7]. - AT&T's multi-access Edge Compute solution is designed to support low-latency applications, positioning the company competitively in the edge computing market [8]. - The sales growth estimate for AT&T in 2025 is projected at 1.5%, while EPS is expected to decline by 8.52%, with EPS estimates trending downward over the past 60 days [13]. Competitive Landscape - Both T-Mobile and AT&T face fierce competition from Verizon, impacting their growth potential in a saturated market [9]. - The spectrum crunch is a significant challenge for the U.S. telecom industry, complicating mobile data traffic management for all carriers [10]. - T-Mobile has outperformed AT&T in revenue and net income growth in recent quarters, driven by strong postpaid customer additions and an innovation-driven approach [17]. Investment Outlook - T-Mobile is currently rated as a Zacks Rank 2 (Buy), while AT&T holds a Zacks Rank 3 (Hold), indicating a more favorable investment outlook for T-Mobile [16]. - T-Mobile's shares trade at a higher price/earnings ratio of 21.57 compared to AT&T's 13.13, reflecting market confidence in T-Mobile's growth prospects [15].

DALLAS, May 19, 2025 /PRNewswire/ -- AT&T Inc. ("AT&T") has learned that TRC Capital Investment Corporation ("TRC") has made an unsolicited "mini-tender" offer, dated May 5, 2025. TRC has offered to purchase up to 4 million shares of AT&T common stock at $26.38 per share. The offer expires on June 3, 2025, unless extended by TRC.AT&T is in no way associated with TRC and recommends that shareholders reject this unsolicited offer.AT&T cautions shareholders that the offer is being made at a price below the cur ...

Group 1 - AT&T Inc. offers 4.75% Depositary Shares, Series C, which provide a fixed-income-like security backed by a major telecommunications company in the US [1] - AT&T is recognized as a blue-chip telecom company, indicating its stability and reliability in the industry [1] Group 2 - The article does not provide any additional relevant information regarding the company or industry [2][3]

Financial Data and Key Metrics Changes - The company reported a total shareholder return of 44% in the previous year, outperforming the S&P and other major wireless and cable providers [14] - Net debt has been reduced by more than $30 billion since 2020, and the company is now operating within its leverage target of net debt to adjusted EBITDA in the 2.5 times range [13][15] Business Line Data and Key Metrics Changes - The mobility business is growing by attracting high-quality, profitable subscribers, with four out of every ten AT&T fiber households now choosing AT&T wireless [12][24] - The fiber network is now passing 29.5 million locations, showcasing the company's leadership in fiber connectivity [13] Market Data and Key Metrics Changes - The company has invested more capital than any other in U.S. telecommunications infrastructure over the past five years while managing to improve its balance sheet [13][29] Company Strategy and Development Direction - The company is focused on being the best connectivity provider through 5G and fiber, with a strategy that emphasizes growing durable customer relationships, efficiency, and deliberate capital allocation [11][12] - Plans include exiting the majority of copper-based infrastructure by the end of 2029 and modernizing the wireless network to be more open and interoperable [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to drive sustainable growth through economic cycles, emphasizing the critical nature of connectivity services [25] - The company is committed to balancing increased shareholder returns with continued investments in network expansion and modernization [15][30] Other Important Information - The company plans to return over $40 billion to shareholders through stock repurchases and dividends between 2025 and 2027 [15] - The board has combined the roles of chairman and CEO to provide greater agility in governance and execution of the long-term capital allocation plan [32] Q&A Session Summary Question: Why does AT&T have conviction in the strategy presented at the Analyst and Investor Day? - The company believes in the increasing demand for always-on connectivity, the need for dense fiber networks, customer demand for simplicity, and the importance of scale in the industry [20][21] Question: How does AT&T feel about its position compared to peers in the competitive wireless industry? - Management feels well-positioned, noting the ability to attract high-value subscribers and the unique offering of both 5G and fiber services [22][23] Question: What is AT&T's view on the health of the consumer amid potential recession? - The company does not see itself as a leading indicator of discretionary spending but believes it is well-positioned to drive sustainable growth through economic cycles [25] Question: How is AT&T balancing the need to invest for the future while ensuring financial flexibility? - The company has invested heavily in telecommunications infrastructure while managing costs and maintaining a healthy balance sheet [29][30] Question: Why did the board decide to combine the chairman and CEO role? - The combination is seen as beneficial for governance and agility in executing the long-term capital allocation plan [32] Question: How does AT&T plan to serve customers who still rely on the legacy copper network? - The company is committed to modernizing infrastructure while ensuring that no customers are left behind, providing robust access to the internet and essential services [35][36]

Group 1 - AT&T Inc. announced the preliminary results of its annual stockholder meeting held virtually on May 15, 2025 [1][4] - All 10 nominees to the board of directors were re-elected for a one-year term [1][4] - Stockholders ratified the appointment of Ernst & Young as independent auditors with 93.7% of votes in favor [1] Group 2 - In an advisory vote, stockholders approved the compensation of AT&T's executive officers with 90.7% of votes in favor [2] - Final voting results will be filed with the SEC and posted on the AT&T Investor Relations website [2][4] Group 3 - AT&T serves over 100 million U.S. families and nearly 2.5 million businesses, providing services from traditional phone calls to 5G wireless and multi-gig internet offerings [3]