AT&T Inc.
AT&T reports Q4 and full-year 2023 financial results
Summary
AT&T reported income from continuing operations of $2.6 billion for the fourth quarter of 2023, and $15.6 billion for the full year, showing a significant improvement from the reported losses in the same periods of 2022. Operating revenues increased by 2.2% for Q4 and 1.4% for the full year. Segment operating income for the Communications segment showed growth in Mobility and Consumer Wireline revenues, while Business Wireline experienced declines. The Mexico business unit under Latin America reported increased operating revenues and wireless subscribers. Financial statements and operating data are provided in the exhibit.
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Exhibits (1)
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About AT&T Inc.
AT&T Inc. is a leading telecommunications conglomerate that provides a wide array of communication services. Its primary function is to offer wired and wireless voice and data telecommunications services to consumers, businesses, and governmental agencies. AT&T operates prominent brands such as AT&T Mobility, offering wireless voice and data services, and provides broadband subscription television services through its subsidiary, DirecTV. The company plays a significant role in pioneering broadband networks and building advanced mobile and 5G infrastructures, impacting various sectors such as media, entertainment, and technology. Headquartered in Dallas, Texas, AT&T also holds a strategic position in content distribution following its acquisition of Time Warner, diversifying with ventures into media production and streaming services. AT&T continues to be a driving force in shaping global communications and media landscapes by maintaining robust connectivity solutions and content delivery mechanisms.
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