Investor Profile | AT&T

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Creating Connection, Delivering Value

At AT&T, our purpose is to create connection – a connection to friends, family, work, commerce, education, health, entertainment and more. To deliver on that purpose, we’re driving our business forward with two key areas of focus – 5G and fiber.

Customers want great connectivity and they want it coupled with better value and service. Our goal is to give them multiple reasons to engage with us every day. We’re making that happen by investing in growth initiatives to take advantage of our most valuable, enduring strength — providing connectivity —at a time when demand is only increasing; sharpening our customer focus; and transforming our operations in ways that will create more value for our shareowners.

We believe we are strongly positioned for the dawn of a new age of connectivity that will be powered by widespread and growing availability of 5G and fiber and defined by greater ubiquity, reliability, security, capacity and speed. There has never been a better time to unlock the power of the internet for every American. We’re committed to making internet for all a reality and intend to be the best broadband provider in the United States.

More About Us

Our Operating Segments

AT&T Communications

AT&T Communications provides more than 100 million U.S. consumers with communications experiences across mobile and broadband. It uses a variety of platforms to provide broadband connectivity, including higher speeds made possible by our fiber network expansion and wireless network enhancements. AT&T has the most reliable 5G network. 4 It also serves nearly all of the Fortune 1000 — with high-speed, highly secure connectivity and smart solutions. 2023 revenues of $118.0 billion.

100% fiber network now has the ability to serve 21 million+ consumer locations, and our 5G network covers 290 million people across the United States.

The Mobility unit provides nationwide wireless service to consumer, business and wholesale subscribers located in the United States. The company’s wireless network powers voice and data services, including high-speed internet over wireless devices.

Becoming America’s best connectivity provider also means serving the critical mission of America’s first responders with FirstNet®. Built with AT&T, FirstNet is the only nationwide, high-speed wireless broadband communications platform dedicated to and purpose-built for America’s first responders and the extended public safety community. Our FirstNet contract also provides us with access to 20 MHz of national low-band spectrum.

$84.0 B 2023 revenues

color x y prefix postfix
#d49200 2023 Mobility (U.S.) revenue 84.0 $ billion
#dcdcdc 2023 Consumer Wireline revenue 13.2 $ billion
#dcdcdc 2023 Business Wireline revenue 20.9 $ billion

The Business Wireline unit provides advanced IP-based services, as well as traditional data services to business customers. AT&T Business serves nearly 2.5 million customers, from the largest global companies and government agencies to small businesses.

More than 800,000 U.S. business buildings are now lit with fiber from AT&T, enabling high-speed fiber connections to approximately 3.3 million U.S. business customer locations. Nationwide, more than 10 million business customer locations are on or within 1,000 feet of our fiber.2

$20.9 B 2023 revenues

color x y prefix postfix
#dcdcdc 2023 Mobility (U.S.) revenue 84.0 $ billion
#dcdcdc 2023 Consumer Wireline revenue 13.2 $ billion
#d49200 2023 Business Wireline revenue 20.9 $ billion

The Consumer Wireline unit provides broadband internet, including AT&T Fiber, and voice communication services primarily to residential customers.

AT&T Fiber is America’s fastest growing subscriber base3, and we’ve added more than 1 million AT&T Fiber subscribers for 6 years in a row.

$13.2 B2023 revenues

color x y prefix postfix
#dcdcdc 2023 Mobility (U.S.) revenue 84.0 $ billion
#d49200 2023 Consumer Wireline revenue 13.2 $ billion
#dcdcdc 2023 Business Wireline revenue 20.9 $ billion

AT&T Latin America

AT&T’s Latin America segment offers mobile services to consumers and businesses in Mexico. 2023 revenues totaled $3.9 billion.

The company’s Mexico business unit provides wireless service and equipment to customers in Mexico. AT&T is the fastest-growing wireless provider in Mexico and is transforming telecommunications across the country and helping to accelerate the closing of the digital divide. AT&T’s 4G LTE network in Mexico covers more than 100 million people and businesses and offers a seamless, cross-border North American wireless network.

The company’s Mexico business unit provides wireless service and equipment to customers in Mexico. AT&T is the fastest-growing wireless provider in Mexico and is transforming telecommunications across the country and helping to accelerate the closing of the digital divide.

AT&T’s 4G LTE network in Mexico covers more than 100 million people and businesses and offers a seamless, cross-border North American wireless network.

$2.7 B2021 revenues

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#4ca90c 2021 Mexico revenue 2.7 $ billion
#dcdcdc 2021 Vrio revenue 2.6 $ billion

Our nationwide 5G network is fast, reliable and secure. It’s also recognized as both the largest wireless network in North America1 and most reliable 5G network4. Our mid-band 5G spectrum now covers 210 million+ people. AT&T’s fiber has customer satisfaction scores that consistently rank among the industry’s best. Our growing fiber footprint now passes 27 million+ fiber locations5 in 100+ metro areas. We plan to pass 30 million-plus fiber locations by the end of 2025, including approximately 25 million consumer locations and 5 million business locations.

Our Strategy

Our strategy and assets set us up to serve our important customer segments and create a clear path to sustainable growth. We believe we're differentiated with our wireless and fiber combination. We're reshaping our company's operations and cost structure, and our focused execution in the market will drive improved returns and value creation in the quarters and years ahead. Our more focused company is aligned to become America's best broadband provider.

John StankeyChief Executive Officer, AT&T Inc.

The Future of Connectivity

1 Based on comparison of carrier owned & operated networks.  No AT&T on-net coverage in select countries, including Canada.
2 The approximately 3.3 million U.S. business customer locations are included within the 10+ million U.S. business customer locations on or within 1,000 feet of our fiber.
3 Based on publicly available data of net customer adds for major fiber providers over previous four quarters as of 4Q23.
4 Based on nationwide GWS drive test data. GWS conducts paid drive tests for AT&T and uses the data in its analysis. AT&T 5G requires compatible plan and device. Coverage not available everywhere. Learn more at att.com/5Gforyou
5 Includes consumer and business locations. 21.5M of these locations are sellable consumer locations.