AT&T bets on fiber, spectrum deals to forecast annual profit above expectations

Core Viewpoint - AT&T has forecasted annual profit exceeding market expectations, driven by its expansion in wireless and fiber networks to meet the increasing demand for 5G and high-speed internet services [1] Group 1: Financial Performance - The company anticipates strong financial performance due to its strategic investments in network infrastructure [1] - The forecast indicates a positive outlook for profitability, suggesting robust demand in the telecommunications sector [1] Group 2: Market Demand - There is a growing demand for 5G and high-speed internet services, which AT&T aims to capitalize on through its network expansion [1] - The expansion of wireless and fiber networks is expected to position the company favorably in the competitive landscape [1]