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AT&T(T) - 2022 Q4 - Earnings Call Transcript
2023-01-25 17:27
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 ...
AT&T(T) - 2022 Q3 - Quarterly Report
2022-11-02 16:00
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 ...
AT&T(T) - 2022 Q3 - Earnings Call Transcript
2022-10-20 16:22
AT&T, Inc. (NYSE:T) Q3 2022 Earnings Conference Call October 20, 2022 8:30 AM ET Company Participants Amir Rozwadowski - SVP, Finance & IR John Stankey - CEO Pascal Desroches - Senior EVP & CFO Conference Call Participants Philip Cusick - JPMorgan Chase & Co. Brett Feldman - Goldman Sachs Group Simon Flannery - Morgan Stanley John Hodulik - UBS Michael Rollins - Citigroup David Barden - Bank of America Merrill Lynch Kannan Venkateshwar - Barclays Bank Walter Piecyk - LightShed Partners Frank Louthan - Raymo ...
AT&T Inc. (T) Presents at Goldman Sachs Communacopia + Technology Conference (Transcript)
2022-09-12 19:29
Summary of AT&T Inc. Conference Call Company Overview - **Company**: AT&T Inc. (NYSE:T) - **Event**: Goldman Sachs Communacopia + Technology Conference - **Date**: September 12, 2022 - **Participants**: John Stankey (CEO), Brett Feldman (Goldman Sachs) Key Points Company Strategy and Priorities - The current priority for AT&T is to enhance operational efficiency and position itself as the leading connectivity provider in the U.S. [4] - The company is approximately 18 months into a three-year cycle aimed at improving infrastructure and capital allocation, targeting a debt-to-EBITDA ratio of 2.5x by the end of 2025 [5] Economic Environment - AT&T is facing significant inflationary pressures, which are broad and deep-seated in the economy, affecting input costs across all business segments [7][8] - The company is actively working on cost management strategies to mitigate these inflationary impacts while maintaining strong customer demand [8][9] Customer Segmentation and Market Dynamics - AT&T's exposure to lower-end customer demographics is less than some competitors, focusing on higher-quality customer segments [11] - The company has added over 3 million postpaid phone customers in the past year, marking the highest growth rate in its postpaid business [12] - AT&T is gaining market share in various segments, particularly in the public sector, due to sustained investment in infrastructure [13][14] Fiber Network Expansion - AT&T's fiber network has passed approximately 18 million customer locations, with plans to expand by 3.5 to 4 million locations annually until reaching 30 million [38] - The company reports strong penetration rates and customer satisfaction with its fiber product, which is significantly higher than competitors [44] Cost Management and Efficiency - AT&T has initiated a $6 billion cost reduction program, with expectations that more savings will flow through to the bottom line as the program progresses [33] - The company is transitioning from a legacy cost structure to a more efficient model, focusing on removing outdated infrastructure and optimizing operational costs [34][35] Future Outlook - AT&T has increased its service revenue guidance, anticipating faster growth due to a strong subscriber base and effective price adjustments [27] - The company is confident in its ability to generate cash flow, projecting $10 billion in the second half of the year, which will support investments, dividends, and debt servicing [66][70] Competitive Landscape - AT&T is aware of competitors adopting similar go-to-market strategies but believes its focus on brand evolution and customer sentiment will maintain its competitive edge [24] - The company is committed to building a sustainable fiber franchise, viewing it as essential for future growth and connectivity needs [50][54] Conclusion - AT&T is navigating a challenging economic environment while focusing on operational improvements, customer satisfaction, and strategic investments in fiber and infrastructure to ensure long-term growth and stability [68][70]
AT&T(T) - 2022 Q2 - Quarterly Report
2022-08-03 16:00
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 June 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. Akard S ...
AT&T(T) - 2022 Q2 - Earnings Call Transcript
2022-07-21 16:27
AT&T Inc. (NYSE:T) Q2 2022 Earnings Conference Call July 21, 2022 8:30 AM ET Company Participants Amir Rozwadowski - SVP, Finance, IR John Stankey - CEO Pascal Desroches - CFO Conference Call Participants Brett Feldman - Goldman Sachs David Barton - Bank of America Frank Louthan - Raymond James John Hodulik - UBS Michael Rollins - Citi Phil Cusick - JPMorgan Simon Flannery - Morgan Stanley Tim Horan - Oppenheimer Operator Ladies and gentlemen, thank you for standing by. Welcome to AT&T's Second Quarter 202 ...
AT&T(T) - 2022 Q1 - Quarterly Report
2022-05-02 16:00
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, 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. Akard ...
AT&T(T) - 2022 Q1 - Earnings Call Transcript
2022-04-21 12:30
Ladies and gentlemen, thank you for standing by. Welcome to AT&T's first quarter 2022 earnings call. At this time, all participants are in a listen-only mode. If you should require assistance during the call, please press star, then zero, and an operator will assist you offline. Following the presentation, the call will be open for questions. If you would like to ask a question, please press 1 and then 0, and you will be placed in the question queue. If you are in the question queue and would like to withdr ...
AT&T(T) - 2021 Q4 - Annual Report
2022-02-15 16:00
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, 2021 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 ...