Subscriber and Customer Base - AT&T served 118 million Mobility subscribers as of December 31, 2024, including 89 million postpaid, 19 million prepaid, and 10 million through resellers[33]. - The Consumer Wireline business unit serves approximately 14.1 million customers, including 9.3 million fiber broadband subscribers as of December 31, 2024[41]. - AT&T provides postpaid and prepaid wireless services to approximately 24 million subscribers in Mexico[46]. - AT&T had over 9.3 million fiber consumer wireline broadband customers, adding 1.0 million during 2024[30]. - AT&T had 15.3 million broadband connections at the end of 2024, compared to 15.1 million in the prior year[30]. Financial Performance - The Communications segment provided approximately 97% of 2024 segment operating revenues, accounting for substantially all of the total segment operating income[33]. - Wireless service accounted for 53% of total consolidated operating revenues in 2024, up from 52% in 2023 and 50% in 2022[49]. - The Latin America segment contributed approximately 3% to total segment operating revenues in 2024, with less than 1% of total segment operating income[45]. - The percentage of total consolidated operating revenues from business services decreased to 15% in 2024 from 17% in 2023[49]. - Research and development expenses were $955 million in 2024, slightly up from $954 million in 2023, but down from $1,236 million in 2022[63]. Network and Technology - The company plans for about 70% of its wireless network traffic to flow across open-capable platforms by late 2026, enhancing operational efficiencies[25]. - AT&T's network covers over 440 million people with 4G LTE and over 314 million with 5G technology in North America[29]. - The deployment of 5G technology is expected to enable massive deployment of devices connected to the internet, enhancing data service delivery[26]. - The company expects to continue investing significantly in expanding network capacity and obtaining additional spectrum to support long-term needs[27]. - AT&T agreed to purchase select spectrum licenses from United States Cellular Corporation for approximately $1,000 million, subject to closing conditions[28]. Operational Changes - The company is actively working to exit legacy copper network operations, reducing network access lines in service from 4.2 million to 3.3 million year-over-year[31]. - The company aims to capitalize on the growing demand for broadband driven by streaming, augmented reality, and AI technologies[24]. - The company is experiencing increasing demand for high-speed broadband services due to changes in video viewing preferences and remote learning trends[41]. Competition and Market Position - The company continues to face substantial competition in its wireless businesses from both traditional and nontraditional competitors[58]. - AT&T faces substantial competition in its wireless business, particularly from América Móvil in Mexico[59]. Employee and Labor Relations - The company employed approximately 140,990 persons as of December 31, 2024[64]. - The main labor contract covering about 9,000 employees is set to expire in April 2025[66]. - The company is committed to pay equity and competitive benefit programs for its employees[68]. - No single customer accounted for 10% or more of consolidated revenues in 2024, 2023, or 2022[57].

Group 1 - The article maintains a buy rating on AT&T, citing improvements in both top and bottom-line performances as the primary argument for this position [1] - The positive performance of AT&T is attributed to successful strategies implemented by the company [1] Group 2 - The author identifies as a young private investor focused on growth companies and the transformative potential of technology in the coming decade [1]

Core Viewpoint - The article highlights two strong dividend stocks, Waste Management and AT&T, as potential sources of passive income for investors. Group 1: Waste Management - Waste Management (WM) is a leading supplier of waste management services in North America, making it a reliable dividend stock due to the consistent demand for garbage collection [2][3]. - The company operates a vast network of landfills and transfer stations across the U.S. and Canada, facing limited competition due to homeowner opposition and strict regulations [3]. - Waste management is considered recession-resistant, as the need for trash collection persists during economic downturns, while population and economic growth are expected to drive disposal volumes and earnings higher in the coming decade [4]. - WM's growth strategy includes acquisitions, exemplified by its $7.2 billion purchase of Stericycle, which is anticipated to enhance cash flow generation in the future [5]. - WM has a 22-year history of increasing dividends, with a current yield of 1.5% [6]. Group 2: AT&T - AT&T is a telecommunications giant favored by dividend investors, currently offering a substantial yield of 4.5% [7]. - The company benefits from providing bundled wireless and broadband internet services, which appeals to consumers seeking simplicity and cost savings [8]. - In the fourth quarter, AT&T gained 482,000 postpaid phone subscribers and 307,000 fiber customers, marking its 20th consecutive quarter of adding at least 200,000 broadband accounts [9]. - These customer gains are expected to drive free cash flow to over $18 billion by 2027, up from approximately $16 billion in 2025, with plans for $40 billion in dividends and share repurchases over the next three years [10]. - AT&T aims to reduce debt using its cash flow, targeting net debt-to-adjusted earnings goals by the first half of 2025, which should lower financing costs and enhance profits [11]. - The stock is currently valued at less than 11 times its projected free cash flow in 2025, presenting a favorable investment opportunity [12].

While much of the investing world has been focused on artificial intelligence, one under-the-radar stock winner over the past year has been AT&T (T -0.08%). Shares of the telecom giant are up by more than a third in the past 12 months. The stock got another boost after the company posted solid fourth-quarter results and indicated it would implement a big buyback.Let's take a closer look at AT&T's Q4 results to see if the stock is still a buy.Solid subscriber growth and a big buyback aheadAT&T continues to s ...

It's been a while since I last covered AT&T (NYSE: T ) as I've paid much closer attention to its peers Verizon ( VZ ) and T-Mobile ( TMUS ) in recent times. But AT&T's price performance over theContributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence. I'm a Navy ...

My name is Mike and I’m the author of The Dividend Guy Blog & The Dividend Monk along with the owner and portfolio manager here at Dividend Stocks Rock (DSR). I earned my bachelor degree in finance-marketing, own a CFP title along with an MBA in financial services. Besides being a passionate investor, I’m also happily married with three beautiful children. I started my online venture to educate people about investing and to be able to spend more time with my family. I started my career in the financial indu ...

"The best way to bring folks together is to give them a real good enemy."High Dividend Opportunities, #1 On Seeking AlphaHDO is the largest and most exciting community of income investors and retirees with over +6800 members. We are looking for more members to join our lively group! Our Income Method generates strong returns, regardless of market volatility, making retirement investing less stressful, simple and straightforward.Invest with the Best! Join us to get access to our Model Portfolio targeting 9-1 ...

I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio to have monthly dividend income which grows through dividend reinvestment and yearly increases. Feel free to reach out to me on Seeking AlphaAnalyst’s Disclosure: I/we have a beneficial long position in the shares of T either th ...

When I last covered AT&T (NYSE: T ) with a “strong buy” rating on October 27th, 2024, in my article “ AT&T: Ready to Move Higher ”, the stock was finally starting to show someAnalyst’s Disclosure: I/we have a beneficial long position in the shares of T either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock ...

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...