AT&T Inc.
AT&T Reports Fourth-Quarter and Full-Year 2024 Financial Results
Summary
AT&T Inc. reported a net income attributable to common stock of $4.0 billion for the fourth quarter of 2024, or $0.56 per diluted share, reflecting benefits from tax items but also losses from actuarial remeasurements and other items. For the full year 2024, net income was $10.7 billion. Fourth-quarter operating revenues were $32.3 billion, a 0.9% increase year-over-year. Key segments, including Mobility, Business Wireline, and Consumer Wireline, showed varied performance, with Mobility adding 1.8 million wireless subscribers by the end of 2024.
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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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