Communication Services
Telecom Services
$177.14B
105.4K
Key insights and themes extracted from this filing
Total operating revenues increased by 1.5% YoY to $33.485 billion, primarily driven by a 2.2% increase in the Consumer segment. The Business segment experienced a 1.2% decrease in operating revenues, indicating a mixed performance across different business lines.
Net income increased from $4.722 billion to $4.983 billion YoY. This was driven by an increase in operating income from $7.521 billion to $7.978 billion, as well as a lower provision for income taxes.
Capital expenditures decreased from $4.4 billion to $4.1 billion YoY. This decrease suggests a potential shift in investment strategy or improved capital efficiency.