Latest news with #AT&TFiber
Business Insider
10-06-2025
- Business
- Business Insider
AT&T reiterates FY25 financial and operational guidance
The company stated: 'AT& T continues to execute on its multi-year growth plan and differentiate its position within the connectivity industry by increasing its opportunity to serve customers how they want to be served, by one provider with fiber and 5G in a converged manner. The Company recently announced an agreement to acquire substantially all of Lumen's Mass Markets fiber internet connectivity business. The transaction, which is expected to close in the first half of 2026, will expand investment in critical U.S. connectivity infrastructure, create new middle-class jobs and accelerate high-speed fiber internet access to millions of Americans. Additionally, this deal will enable AT&T to significantly expand access to AT&T Fiber in new major metro areas and allow the Company to serve more customers with 5G and fiber together. AT&T continues to extend its fiber leadership with plans to reach approximately 60 million total fiber locations by year-end 2030. Ultimately, this transaction aligns with the priorities outlined at AT&T's 2024 Analyst & Investor Day, including its goal of becoming the best connectivity provider in America while providing more value to customers, shareholders and the Company. AT&T is seeing solid customer demand and remains on track to achieve its 2025 financial and operational guidance. The wireless industry remains both healthy and competitive, and the Company is pleased with how the Mobility business is performing in the second quarter. In Consumer Wireline, the Company continues to expand access to AT&T Fiber – America's fastest internet with the most reliable speeds.2 Trends in AT&T Fiber penetration rates remain consistent, with net adds varying from quarter to quarter based primarily on the pace of new fiber locations passed, seasonality and marketplace dynamics. For the second-quarter 2025, the Company continues to expect capital investment in the $4.5 billion to $5 billion range and free cash flow of approximately $4 billion. AT&T reiterates all full-year 2025 financial and operational guidance. Additionally, the Company continues to operate the business to achieve the financial plan and capital returns outlined at its 2024 Analyst & Investor Day. AT&T remains committed to repurchasing shares under the previously announced $10 billion authorization, with plans to repurchase at least $3 billion of common stock by year-end and the remainder during 2026.' Confident Investing Starts Here:
Cision Canada
09-06-2025
- Business
- Cision Canada
Pascal Desroches to Update Shareholders at the 2025 Mizuho Technology Conference on June 10
DALLAS, /CNW/ -- Tomorrow, AT&T's chief financial officer will participate in a fireside chat where he will discuss the Company's multi-year strategic growth plan. Key Takeaways: AT&T reiterates full-year 2025 financial and operational guidance. AT&T is pursuing a multi-year strategic growth plan that centers around putting customers first, continued network investment and increased capital returns to shareholders. Pascal Desroches, chief financial officer, AT&T Inc. (NYSE: T), will speak tomorrow at the 2025 Mizuho Technology Conference where he will provide an update to shareholders. AT&T continues to make progress on becoming the best connectivity provider in America The Company continues to execute on its multi-year growth plan and differentiate its position within the connectivity industry by increasing its opportunity to serve customers how they want to be served, by one provider with fiber and 5G in a converged manner. The Company recently announced an agreement to acquire substantially all of Lumen's Mass Markets fiber internet connectivity business. The transaction, which is expected to close in the first half of 2026, will expand investment in critical U.S. connectivity infrastructure, create new middle-class jobs and accelerate high-speed fiber internet access to millions of Americans. Additionally, this deal will enable AT&T to significantly expand access to AT&T Fiber in new major metro areas and allow the Company to serve more customers with 5G and fiber together. AT&T continues to extend its fiber leadership with plans to reach approximately 60 million total fiber locations by year-end 2030. 1 Ultimately, this transaction aligns with the priorities outlined at AT&T's 2024 Analyst & Investor Day, including its goal of becoming the best connectivity provider in America while providing more value to customers, shareholders and the Company. AT&T is seeing solid customer demand and remains on track to achieve its 2025 financial and operational guidance The wireless industry remains both healthy and competitive, and the Company is pleased with how the Mobility business is performing in the second quarter. In Consumer Wireline, the Company continues to expand access to AT&T Fiber – America's fastest internet with the most reliable speeds. 2 Trends in AT&T Fiber penetration rates remain consistent, with net adds varying from quarter to quarter based primarily on the pace of new fiber locations passed, seasonality and marketplace dynamics. For the second-quarter 2025, the Company continues to expect capital investment* in the $4.5 billion to $5 billion range and free cash flow* of approximately $4 billion. AT&T reiterates all full-year 2025 financial and operational guidance. Additionally, the Company continues to operate the business to achieve the financial plan and capital returns outlined at its 2024 Analyst & Investor Day. AT&T remains committed to repurchasing shares under the previously announced $10 billion authorization, with plans to repurchase at least $3 billion of common stock by year-end and the remainder during 2026. Conference details and more are available on the AT&T Investor Relations website Full conference details are posted on the AT&T Investor Relations website, including a replay of the webcast. To automatically receive AT&T financial news by email, please subscribe to email alerts. 1 "Total locations" includes consumer and business locations (i) passed with fiber and (ii) served with fiber through commercial open-access providers. 2 Limited availability in select areas. Based on analysis by Ookla® of Speedtest Intelligence® data nationwide Speed Score and Consistency Score for Q3–Q4 2024. Ookla trademarks used under license and reprinted with permission. *Due to high variability and difficulty in predicting items that impact cash from operating activities, capital expenditures and vendor financing payments, the Company is not able to provide a reconciliation between second quarter 2025 projected capital investment or free cash flow and the most comparable GAAP metrics without unreasonable effort. Cautionary Language Concerning Forward-Looking Statements Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise. This news release may contain certain non-GAAP financial measures. Reconciliations between the non-GAAP financial measures and the GAAP financial measures are available on the company's website at
Yahoo
09-06-2025
- Business
- Yahoo
Pascal Desroches to Update Shareholders at the 2025 Mizuho Technology Conference on June 10
DALLAS, June 9, 2025 /CNW/ -- Tomorrow, AT&T's chief financial officer will participate in a fireside chat where he will discuss the Company's multi-year strategic growth plan. Key Takeaways: AT&T reiterates full-year 2025 financial and operational guidance. AT&T is pursuing a multi-year strategic growth plan that centers around putting customers first, continued network investment and increased capital returns to shareholders. Pascal Desroches, chief financial officer, AT&T Inc. (NYSE: T), will speak tomorrow at the 2025 Mizuho Technology Conference where he will provide an update to shareholders. AT&T continues to make progress on becoming the best connectivity provider in America The Company continues to execute on its multi-year growth plan and differentiate its position within the connectivity industry by increasing its opportunity to serve customers how they want to be served, by one provider with fiber and 5G in a converged manner. The Company recently announced an agreement to acquire substantially all of Lumen's Mass Markets fiber internet connectivity business. The transaction, which is expected to close in the first half of 2026, will expand investment in critical U.S. connectivity infrastructure, create new middle-class jobs and accelerate high-speed fiber internet access to millions of Americans. Additionally, this deal will enable AT&T to significantly expand access to AT&T Fiber in new major metro areas and allow the Company to serve more customers with 5G and fiber together. AT&T continues to extend its fiber leadership with plans to reach approximately 60 million total fiber locations by year-end 2030.1 Ultimately, this transaction aligns with the priorities outlined at AT&T's 2024 Analyst & Investor Day, including its goal of becoming the best connectivity provider in America while providing more value to customers, shareholders and the Company. AT&T is seeing solid customer demand and remains on track to achieve its 2025 financial and operational guidance The wireless industry remains both healthy and competitive, and the Company is pleased with how the Mobility business is performing in the second quarter. In Consumer Wireline, the Company continues to expand access to AT&T Fiber – America's fastest internet with the most reliable speeds.2 Trends in AT&T Fiber penetration rates remain consistent, with net adds varying from quarter to quarter based primarily on the pace of new fiber locations passed, seasonality and marketplace dynamics. For the second-quarter 2025, the Company continues to expect capital investment* in the $4.5 billion to $5 billion range and free cash flow* of approximately $4 billion. AT&T reiterates all full-year 2025 financial and operational guidance. Additionally, the Company continues to operate the business to achieve the financial plan and capital returns outlined at its 2024 Analyst & Investor Day. AT&T remains committed to repurchasing shares under the previously announced $10 billion authorization, with plans to repurchase at least $3 billion of common stock by year-end and the remainder during 2026. Conference details and more are available on the AT&T Investor Relations website Full conference details are posted on the AT&T Investor Relations website, including a replay of the webcast. To automatically receive AT&T financial news by email, please subscribe to email alerts. 1 "Total locations" includes consumer and business locations (i) passed with fiber and (ii) served with fiber through commercial open-access providers.2 Limited availability in select areas. Based on analysis by Ookla® of Speedtest Intelligence® data nationwide Speed Score and Consistency Score for Q3–Q4 2024. Ookla trademarks used under license and reprinted with permission.*Due to high variability and difficulty in predicting items that impact cash from operating activities, capital expenditures and vendor financing payments, the Company is not able to provide a reconciliation between second quarter 2025 projected capital investment or free cash flow and the most comparable GAAP metrics without unreasonable effort. Cautionary Language Concerning Forward-Looking StatementsInformation set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise. This news release may contain certain non-GAAP financial measures. Reconciliations between the non-GAAP financial measures and the GAAP financial measures are available on the company's website at About AT&TWe help more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses, connect to greater possibility. From the first phone call 140+ years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit us at Investors can learn more at © 2025 AT&T Intellectual Property. All rights reserved. AT&T and the Globe logo are registered trademarks of AT&T Intellectual Property. View original content to download multimedia: SOURCE AT&T View original content to download multimedia: Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
06-06-2025
- Business
- Yahoo
AT&T Fiber delivers high-speed internet to thousands of Door County homes
EGG HARBOR, Wis (WFRV) – Fast, reliable internet is finally reaching more rural homes in Door County. Governor Tony Evers joined AT&T executives and local government officials Thursday morning to celebrate the launch of a $24 million public-private fiber broadband project, which will eventually serve more than 5,400 addresses across four Door County communities. New partnership provides young northeastern Wisconsinites with theater training during summer The event took place at the Kress Pavilion in Egg Harbor, where AT&T technicians provided a fiber splicing demonstration and offered tours of the company's service trucks. The first homes in the Town of Egg Harbor are now eligible to order AT&T Fiber, with other areas expected to come online in phases. The expansion includes partnerships with the towns of Egg Harbor, Sevastopol, Sturgeon Bay, and the Village of Egg Harbor. A mix of funding from AT&T, local municipalities, and the Wisconsin Public Service Commission's Capital Projects Fund helped make the project possible. 'There are residents and businesses that didn't have access to high-speed fiber — and now they do,' said Robyn Gruner, AT&T's director of external affairs in Wisconsin. 'It's a critical piece of infrastructure, not just for streaming or working from home, but for healthcare, education, and staying connected.' Gruner said more than 350 homes are now eligible to sign up for service, and more than 50 orders have already come in. Governor Evers used the opportunity to highlight his administration's commitment to broadband access, pointing to $400 million in proposed broadband investments in his latest state budget. 'With uncertainty at the federal level, momentum is more important than ever that we continue to make this a statewide issue,' Evers said. 'We've already helped over 410,000 homes and businesses get access to new or improved broadband.' Wisconsin's budget talks stall, create possible ripple effect on 2026 gubernatorial race Local leaders say the upgrades are long overdue in an area where geography and low population density have long made internet access a challenge. The broader project is expected to roll out over the coming months, connecting thousands more Door County residents to high-speed fiber. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
23-05-2025
- Business
- Yahoo
AT&T to buy Lumen's consumer fibre business for $5.75bn
US telecom giant AT&T has agreed to purchase Lumen Technologies' consumer fibre business for $5.75bn in an all-cash deal. The transaction includes approximately one million fibre subscribers across more than four million fibre locations, which will transition to AT&T Fiber customers over time. The acquisition encompasses last-mile Mass Markets fibre assets and associated network elements in central offices. This will aid AT&T to deliver fibre services in areas, including Denver, Las Vegas, Minneapolis-St. Paul, Orlando, Phoenix, Portland, Salt Lake City, and Seattle, among others. Following the deal closing, AT&T will establish a new, wholly owned subsidiary, NetworkCo, to hold the acquired fibre network assets and certain fibre network deployment capabilities. Some Lumen employees are expected to transfer to AT&T or NetworkCo as part of the deal. Lumen's enterprise fibre customers and Mass Markets copper-based customers, along with their supporting assets, are excluded from the agreement. Post-closing, Lumen will provide AT&T with transitional services, including field operations, network deployment, IT systems, billing, and customer support, for approximately two years. AT&T will also gain long-term access to certain Lumen central offices, poles, and conduits. The transaction is expected to close in the first half of 2026, pending regulatory approval from the US Department of Justice and other customary conditions. AT&T chairman and CEO John Stankey said: 'We're leading the race to connect more Americans with fibre, the best broadband connectivity technology available. 'This deal with Lumen represents a significant investment in US connectivity infrastructure that will create jobs and spur economic activity in numerous regions and major metro areas across 11 states. As we advance our fibre build, we'll serve more communities with world-class connectivity and expect to roughly double where AT&T Fiber is available by the end of 2030.' In November 2024, Lumen Technologies entered into a partnership with Google Cloud to accelerate its digital transformation and foster AI innovation. "AT&T to buy Lumen's consumer fibre business for $5.75bn" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
