AT&T Inc. Updates Shareholders Ahead of Key Conference

AT&T Inc. (NYSE:T) is set to provide significant updates to its shareholders during a fireside chat led by Chairman and Chief Executive Officer John Stankey at the Goldman Sachs Communacopia + Technology Conference on September 9, 2025. Scheduled for 10:30 a.m. ET, this presentation is anticipated to shed light on the company’s long-term vision and multi-year growth strategy.

Since unveiling its long-term growth strategy at the 2024 Analyst & Investor Day, AT&T has undertaken pivotal initiatives to bolster America’s connectivity infrastructure. A notable highlight is the recent agreement to acquire an average of approximately 50 MHz of low-band and mid-band spectrum licenses from EchoStar, which will enhance AT&T's wireless network coverage across virtually every market in the U.S. This acquisition, combined with plans to purchase a portion of UScellular's retained spectrum licenses, positions AT&T as a leader in advanced wireless connectivity.

In tandem with its wireless advancements, AT&T is also focusing on expanding its fiber assets. Earlier in the year, the company announced plans to acquire nearly all of Lumen's Mass Markets fiber internet connectivity business. Furthermore, AT&T is leveraging savings from tax provisions in the One Big Beautiful Bill Act to expedite its fiber internet build-out. The company aims to reach over 60 million fiber locations by the end of 2030, effectively doubling its current fiber reach. This ambitious expansion is expected to enhance U.S. connectivity infrastructure, create middle-class jobs, and accelerate access to high-speed internet for millions of Americans.

As AT&T navigates a competitive wireless marketplace, it reports solid customer demand across its services. The company’s Mobility business is performing well, and it anticipates stronger subscriber net additions for both AT&T Fiber and AT&T Internet Air in the latter half of 2025 compared to the first half.

AT&T has reaffirmed its full-year 2025 financial guidance, maintaining expectations for growth in consolidated service revenue, adjusted EBITDA, and adjusted EPS. The company also forecasts a stable outlook for free cash flow and capital investment. Importantly, AT&T expects to return its net debt-to-adjusted EBITDA ratio to the target range of 2.5x within approximately three years following the completion of the EchoStar spectrum purchase.

Continuing its commitment to shareholder returns, AT&T maintains its capital returns strategy outlined during the 2024 Analyst & Investor Day. This includes a provision of $20 billion for share repurchases during 2025-2027. The company plans to sustain this approach into 2028-2029, focusing on reducing its net debt-to-adjusted EBITDA ratio while fostering long-term growth in service revenue and adjusted EBITDA.

As AT&T gears up for the Goldman Sachs Communacopia + Technology Conference, all eyes will be on John Stankey’s insights regarding the company’s progress and future strategies. The company's ongoing efforts to enhance its wireless and fiber networks, coupled with solid financial performance, suggest a strong trajectory toward achieving its ambitious growth goals.

Investors can access further details regarding the conference on the AT&T Investor Relations website, including options for live streaming and replays of the event.

In summary, AT&T’s proactive measures in improving connectivity infrastructure, coupled with its robust market performance and commitment to shareholder returns, underscore its position as a leading player in the telecommunications landscape.