AT&T Inc.
AT&T Announces Second-Quarter 2024 Financial Results
Summary
AT&T Inc. reported second-quarter 2024 results demonstrating consistent growth in 5G and fiber customers. The company saw 419,000 postpaid phone net adds and 239,000 AT&T Fiber net adds, leading to a 3.4% year-over-year increase in Mobility service revenues and a 7.0% increase in Consumer broadband revenues. AT&T also reiterated its full-year 2024 financial guidance, expecting wireless service revenue growth in the 3% range, broadband revenue growth of 7%+, and adjusted EBITDA growth in the 3% range.
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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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