DALLAS, March 12, 2024 /CNW/ — Tune in at 1:00 p.m. ET for a fireside chat with our chief financial officer, where he will cover AT&T’s recent progress on its multiyear growth strategy.
Key Takeaways:
AT&T continues to make progress on its sustainable, long-term growth strategy and remains on track to meet all of its financial guidance
The company continues to see healthy demand for world-class 5G and fiber connectivity
As one of the largest investors in the United States, the company remains focused on building vital, high-performance network infrastructure for both mobile and fiber networks. To support these efforts, the company continues to expect 2024 capital investment in the $21-22 billion range
Pascal Desroches, chief financial officer, AT&T* (NYSE:T) Inc., will speak today at the 32nd Annual Deutsche Bank Media, Internet and Telecom Conference where he will provide an update to shareholders. Here are the key topics Desroches is expected to cover:
The company’s focus on leading with world-class connectivity is working.
AT&T continues to benefit from the connectivity-focused, investment-led strategy it laid out more than 3 years ago. By executing a simple and proven playbook, the company is powering customer growth, improving returns and enabling additional investments that are benefiting the business.
AT&T’s simple and consistent go-to-market approach continues to resonate with customers and has created a sustainable model for healthy growth and strong cash conversion.
AT&T remains focused on growing durable relationships with high-quality 5G & fiber customers.
The company continues to see healthy, but normalizing, wireless industry trends and is pleased with how the Mobility business is performing in the first quarter.
AT&T’s fiber build remains on pace to pass 30M+ customer and business locations by the end of 2025, and the company expects first-quarter AT&T Fiber net adds in the Consumer Wireline segment in the 250,000 range. AT&T Fiber penetration rates continue to exceed …