Converged services
Search documents
Jeff McElfresh to Update Shareholders at Morgan Stanley Technology, Media & Telecom Conference on March 3
Prnewswire· 2026-03-02 21:30
Core Insights - AT&T's Chief Operating Officer, Jeff McElfresh, will provide an update on the company's growth strategy at the Morgan Stanley Technology, Media & Telecom Conference on March 3, 2026 [1] - The company reaffirms its financial and operational guidance for 2026 and plans for capital returns, including over $45 billion to shareholders from 2026 to 2028 [1] Fiber Expansion - AT&T's fiber services now reach over 36 million customer locations, with expectations to exceed 60 million by the end of 2030 [1] - The recent acquisition of fiber assets from Lumen added over 1 million fiber subscribers and expanded service to 32 states, increasing fiber penetration from approximately 25% in the acquired areas [1] - The company anticipates reaching over 40 million fiber locations by the end of 2026, up from 32 million at the end of 2025, and plans to add about 5 million additional locations annually thereafter [1] Customer Engagement and Market Position - AT&T ranks 1 in brand love among consumers in its fiber footprint, indicating strong customer engagement [1] - The combination of fiber and fixed wireless services allows AT&T to offer converged services to over half the country, enhancing its position as a trusted provider for home and mobile connectivity [1] Financial Outlook - AT&T expects improved growth in adjusted EBITDA and adjusted EPS, along with higher free cash flow through 2028 [1] - Following the acquisition of EchoStar, the net debt-to-adjusted EBITDA ratio is projected to rise to approximately 3.2x, with a target to reduce it to around 3x by the end of 2026 [1] - The company aims to return to a net leverage level consistent with its target in the 2.5x range within three years post-acquisition [1]
Verizon announces new savings & VIP benefits for customers who bring together Mobile & Home
Globenewswire· 2025-02-27 14:10
Core Insights - Verizon has launched a converged offer for Mobile and Home Internet customers, allowing them to save $15 per month and access entertainment perks like Netflix and the Disney Bundle when bundling services [1][2]. Summary by Sections Offer Details - Customers combining Verizon's mobile and home services can receive a $15 monthly discount on home internet, along with entertainment savings and priority customer support [2][9]. - Verizon Home Internet plans start as low as $35 per month when combined with a postpaid mobile plan [9][11]. Entertainment Perks - Customers are eligible for a perk credit of up to $10 per month towards entertainment subscriptions such as Netflix, Max, and the Disney Bundle, potentially saving up to $215 annually [9][8]. - Exclusive entertainment experiences will be available at select Verizon stores, including a pop-up inspired by HBO's "The White Lotus" [5]. Customer Support - Mobile and Home customers will receive premium customer care, including expedited support and personalized greetings when contacting Verizon [9]. Target Audience - The offer is also available to Verizon Value customers who have both an eligible Fios Home Internet plan and a mobile service plan from various Verizon Value brands, providing a $15 monthly discount [7]. Company Background - Verizon generated revenues of $134.8 billion in 2024 and continues to innovate to meet customer demands for mobility and reliable network connectivity [12].