At&t Inc ( (T) ) has released its Q4 earnings. Here is a breakdown of the information At&t Inc presented to its investors.
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AT&T Inc. is a leading telecommunications company operating in the U.S. and internationally, known for its extensive 5G wireless and fiber network services. AT&T reported strong financial performance for the fourth quarter of 2024, highlighting growth in 5G and fiber subscribers, service revenues, and operational cash flow. The company achieved a total revenue of $32.3 billion for the quarter, with a significant increase in net income year-over-year. Key highlights include the addition of 482,000 postpaid phone subscribers and 307,000 fiber net adds, contributing to a steady increase in mobility and consumer broadband revenues. Despite a decline in Business Wireline revenues, AT&T’s focus on expanding its fiber network and modernizing its wireless services has sustained its growth trajectory. Looking ahead, AT&T remains optimistic about 2025, with expectations of continued revenue growth in its mobility and consumer fiber broadband services, while it also anticipates the completion of its DIRECTV sale to TPG.