AT&T

AT&T connects people and businesses through mobile, internet, and phone services. Its wireless and fiber networks help users stay in touch, work, and access information. The company’s services are essential for daily communication and business operations.

Products and Services

• Wireless Services: Mobile voice and data plans for individuals and businesses (53% of AT&T's consolidated operating revenues in 2024).
• Broadband Internet: High-speed fiber and fixed wireless internet for homes and businesses.
• Business Connectivity: Network, cloud, and security solutions for companies and government.
• Equipment Sales: Phones, tablets, and accessories sold through stores and partners (17% of total revenue).
• Latin America Wireless: Mobile services in Mexico under AT&T and Unefon brands (3.5% of total revenue).

Growth and Expansion

• Acquired SBC Communications in 2005, adopting the AT&T name.
• Expanded into Mexico’s wireless market in 2015 through acquisitions of wireless properties.
• Grew AT&T Fiber broadband in the U.S. to over 9.3 million customers by 2024.
• Partnered with Ericsson in 2024 to deploy Open RAN, a flexible wireless network technology.
• Sold remaining interest in DIRECTV to TPG, with deal expected to close in mid-2025.

What Makes AT&T Stand Out

AT&T operates one of the largest wireless and fiber networks in North America, reaching over 440 million people with 4G and 314 million with 5G. The company’s integrated approach combines mobile and fiber services, supporting both consumers and businesses. Ongoing network upgrades and partnerships help AT&T adapt to changing technology and customer needs.

Five Things You Need to Know

• Total operating revenue was $122.34 billion in 2024, down 0.1% from 2023.
• Communications segment made up approximately 97% of revenue in 2024.
• Fiber broadband customers reached 9.3 million in 2024, up 12.3% year-over-year.
• Operating income was $19.05 billion in 2024, down 18.8% from 2023.
• AT&T paid $8.21 billion in dividends in 2024 and approved a $10 billion share buyback.

Bottom Line

AT&T has evolved from a traditional phone company to a major provider of wireless and fiber services. Its broad network, ongoing investments, and focus on operational efficiency position it as a key player in U.S. communications.