Reported 28 days ago
AT&T CEO John Stankey reported stable trends in the wireless sector and notable fiber growth, surpassing previous projections. Although a work stoppage is affecting some installations, it won't significantly impact third-quarter results. The company anticipates capital investments of $21 to $22 billion in 2024, aiming for over $2 billion in cost savings by mid-2026, while maintaining its annual financial guidance for revenue growth.
Source: YAHOO