AT&T reported a strong second quarter, adding over 1 million Advanced Connectivity customers, driven mainly by growth in its broadband segment. The company’s free cash flow increased 7% year-over-year to $4.7 billion, supporting a healthy dividend coverage ratio of 235%. Management expects free cash flow to continue rising in the coming years due to ongoing broadband expansion, with potential for future dividend increases. Despite a high net debt of $126.4 billion, AT&T aims to reduce its leverage ratio to about 2.5 times EBITDA within 2-3 years to strengthen its balance sheet.
AT&T reported a 2% revenue increase to over $31 billion and a 6.3% rise in free cash flow (FCF) to $4.7 billion, driven by strong fiber and postpaid phone growth. The company manages capital investments around $6.1 billion quarterly and maintains a n...
AT&T's baby bonds currently offer a 6.7% yield and trade at a 20% discount to par value due to elevated interest rates. The company reported solid Q2 results with $31.6 billion in revenue and $5.04 billion in net profit, ensuring strong coverage for ...
AT&T's Advanced Connectivity segment is driving strong revenue growth and expanding profit margins, supported by investments in fiber and 5G infrastructure as well as strategic acquisitions. The company plans to phase out legacy copper-based services...
AT&T, the official wireless and wireline provider of Major League Soccer (MLS), is actively engaging fans during MLS All-Star Week in Charlotte through interactive events like the MLS All-Star Skills Challenge and community support initiatives, inclu...
AT&T reported strong second-quarter earnings with adjusted EPS of $0.65, beating expectations by 10.71%, and added significant subscribers in both wireless and fiber segments. Despite revenue slightly missing estimates at $31.56 billion, the company ...
