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Companies · T

T Reported this cycle

AT&T

Dallas, TX Founded 1983 Telecom & Connectivity

AI-generated · informational only · not investment advice · verify before relying.

Latest analysis

Updated Jul 22, 2026

AT&T Q2 2026: Record broadband net adds and accelerated $10B buyback signal confidence in converged connectivity strategy.

AT&T delivered its strongest quarter of broadband subscriber growth on record — 646,000 internet net adds including 367,000 fiber and 279,000 fixed wireless — while accelerating share repurchases to approximately $10 billion in 2026, up from prior plans. Advanced Connectivity service revenue grew 5.1% year over year and operating income surged 20.3%, demonstrating that the convergence strategy is generating operating leverage at scale. The Lumen mass markets fiber acquisition, closed February 2026, is already contributing to fiber footprint and revenue, with AT&T now at 38.6 million fiber locations passed and on track for 40 million by year-end.

Tone: bullish

Revenue

$125.6B

T 10-K · FY 2025

Employees

133,030

Revenue growth YoY

+2.7%

Founded

1983

Profile

T 10-K Item 1 · Feb 9, 2026

AT&T is a Delaware-incorporated holding company providing telecommunications and technology services globally through two reportable segments: Communications and Latin America. The Communications segment delivers wireless, wireline, and broadband services to U.S. consumers and businesses worldwide, while the Latin America segment provides wireless service and equipment in Mexico. AT&T's strategic focus is on expanding its fiber and 5G networks as the foundation for convergence growth.

Read filing description ↓

AT&T Inc. is a leading provider of telecommunications and technology services globally. The services and products that we offer vary by market and utilize various technology platforms in a range of geographies. Our reportable segments are organized as follows: The Communications segment provides wireless and wireline telecom and broadband services to consumers located in the United States and businesses globally. Our business strategies reflect integrated product offerings that cut across product lines and utilize shared assets. This segment contains the following business units: Mobility provides nationwide wireless service and equipment. Business Wireline provides advanced ethernet-based fiber services, fixed wireless services, IP Voice and managed professional services, as well as legacy voice and data services and related equipment, to business customers. Consumer Wireline provides broadband services, including fiber connections that provide multi-gig services, and our fixed wireless access product (AT&T Internet Air or 'AIA') that provides internet services delivered over our 5G wireless network, to residential customers in select locations. Consumer Wireline also provides legacy telephony voice communication services. The Latin America segment provides wireless service and equipment in Mexico. We are a leader in providing connectivity services through our market focus areas of 5G and fiber. Fiber underpins the connectivity we deliver, both wired and wireless. Building on that fiber foundation is our solid spectrum portfolio, strengthened through Federal Communications Commission (FCC) auctions, other spectrum acquisitions and 5G deployment. We believe our fixed wireline and mobile approach will differentiate our services and provide us with additional convergence growth opportunities in the future as bandwidth demands continue to grow.

Primary products

  • Wireless Service
  • Fiber Broadband
  • AT&T Internet Air (AIA)
  • Fixed Wireless Access
  • AT&T Dedicated Internet
  • Fiber Ethernet

Business segments

Communications Latin America

End markets

Consumer Business Wholesale Governmental Multinational Corporations Small and Mid-Sized Businesses Public Safety

Geographies

United States Mexico

Named competitors

América Móvil
“We are one of three facilities-based providers in Mexico (retail and wholesale), with the most significant market share controlled by América Móvil.” Competitive position, as stated in the filing

Revenue commentary · FY 2025

Total operating revenues increased 2.7% in 2025, driven by higher Mobility service revenue and Consumer Wireline growth, partially offset by Business Wireline declines and a modest contribution from Latin America overcoming unfavorable foreign exchange impacts.

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