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 saw a 2.3% year-over-year increase and accelerated share buybacks to $10 billion, reflecting investor confidence. Analysts from Goldman Sachs and 24/7 Wall St. set price targets of $30 and $27.91 respectively, indicating potential stock price upside of around 20-30%. This positive outlook comes amid competitive pressures including new entrants like SpaceX's Starlink, highlighting AT&T's strong market position and growth prospects.
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 a strong Q2 earnings beat and generated $4.7 billion in free cash flow despite slightly missing revenue targets. The company’s growth is driven by its convergence strategy and successful integration of Lumen assets, which boost fiber cu...
AT&T reported better-than-expected Q2 adjusted earnings of $0.65 per share, a 20.4% increase year-over-year, driven by strong postpaid phone additions and broadband growth. Revenue rose 2.3% to $31.6 billion, slightly below estimates, while adjusted ...
TELUS announced executive changes effective September 1, 2026, as part of a strategic transformation to boost growth and efficiency. David Fuller rejoins as EVP and Group President to oversee the core telecom units, consolidating consumer and busines...
