AT&T Inc.

T
Sector

Communication Services

Industry

Telecom Services

Market Cap

$167.61B

Employees

149.9K

Company Overview

AT&T is a leading telecommunications and technology services provider globally. The company's core business involves providing wireless and wireline telecom, and broadband services to consumers and businesses. AT&T leverages its extensive network infrastructure, including fiber and 5G technologies, to maintain a strong market position in the US and Mexico.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Total operating revenues increased by 1.4% year-over-year, with the Communications segment contributing most of the growth, particularly in Mobility and Consumer Wireline, while Business Wireline declined. This indicates a shift in revenue drivers.

Operating income improved significantly, moving from a loss of $4.6B in 2022 to a profit of $23.5B in 2023. This was largely driven by a reduction in operating expenses, including lower asset impairments and restructuring charges.

Depreciation and amortization expense increased by 4.2% year-over-year, primarily due to ongoing capital spending for strategic initiatives such as fiber and network upgrades. This indicates continued investment in infrastructure.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG Initiatives

3 Insights

Market Environment

3 Insights