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 decreased slightly to $30.213 billion from $30.350 billion in the same quarter last year, a decrease of 0.5%. This is driven by a decrease in equipment revenues, offset by a slight increase in service revenues.

Operating income decreased to $2.116 billion from $5.782 billion in the same quarter last year, a 63.4% decrease. This decrease is largely due to a $4.422 billion non-cash goodwill impairment charge in the Business Wireline reporting unit.

Net loss attributable to AT&T was $(174) million, compared to a net income of $3.495 billion in the same quarter last year. This is driven by the goodwill impairment and lower operating income.

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