tiprankstipranks
AT&T’s 2024 Earnings Highlight Growth in 5G and Fiber
Company Announcements

AT&T’s 2024 Earnings Highlight Growth in 5G and Fiber

At&t Inc ( (T) ) has released its Q4 earnings. Here is a breakdown of the information At&t Inc presented to its investors.

Invest with Confidence:

AT&T Inc. is a leading telecommunications company operating in the U.S. and internationally, known for its extensive 5G wireless and fiber network services. AT&T reported strong financial performance for the fourth quarter of 2024, highlighting growth in 5G and fiber subscribers, service revenues, and operational cash flow. The company achieved a total revenue of $32.3 billion for the quarter, with a significant increase in net income year-over-year. Key highlights include the addition of 482,000 postpaid phone subscribers and 307,000 fiber net adds, contributing to a steady increase in mobility and consumer broadband revenues. Despite a decline in Business Wireline revenues, AT&T’s focus on expanding its fiber network and modernizing its wireless services has sustained its growth trajectory. Looking ahead, AT&T remains optimistic about 2025, with expectations of continued revenue growth in its mobility and consumer fiber broadband services, while it also anticipates the completion of its DIRECTV sale to TPG.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App