AT&T Inc. (T)

Sector: Communication Services|Industry: Telecom Services|Market Cap: $167.61B|Employees: 149.9K


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.

  1. Filings

Filing Highlights

Financial Performance

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

Management Execution

Risk Factors

Competitive Position

Operational Efficiency

Innovation & Technology

Capital Allocation

ESG initiatives

Market Environment