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  • AT&T's Q1 revenue up 2% to $30.6 billion
    AT&T Inc. announced on Wednesday that its revenue in the first quarter of its fiscal 2025 rose by 2% compared to the same period a year prior to land at $30.6 billion.The company's net income reached $4.7 billion in the reported quarter, increasing from the $3.8 billion reported in the same quarter of...
  • American Airlines to offer free Wi-Fi next year
    American Airlines Inc. announced on Tuesday that it will provide free Wi-Fi on over 2 million flights or 90% of its fleet starting in January 2026. However, the company said the service will only be complimentary to members of its AAdvantage loyalty program. American said the inflight connectivity...
  • AT&T's revenue up 0.9% to $32.3B in Q4
    AT&T Inc. announced on Monday that its revenue in the fourth quarter of its fiscal 2024 advanced by 0.9% year-on-year to $32.3 billion, exceeding analysts' expectations.The company's net income reached $4.4 billion in the reported quarter, increasing from the $2.1 billion reported in the same...
  • AT&T approves share buyback worth $10B
    AT&T Inc. announced on Tuesday that it authorized a $10 billion common stock repurchase scheme, which it expects to conclude by the end of 2026. The company also envisions another $10 billion of share buybacks in 2027.In its 2024 outlook, AT&T said it forecasts wireless service revenue growth...
  • AT&T jumps 4% on encouraging subscriber numbers
    Shares of AT&T Inc. increased 4% on Wednesday after reporting that wireless subscribers and fiber customers landed better than expected in the third quarter.The telecommunication company reported a significant increase in its subscriber base, gaining 403,000 postpaid phone net adds. Additionally,...
  • AT&T reports revenue of $30.2B in Q3
    AT&T Inc. announced on Wednesday that its revenue in the third trimester of fiscal 2024 came in at $30.2 billion, slightly lower than $30.4 billion registered in the same period in 2023.In the reported quarter, net income landed at $0.1 billion, sliding compared to $3.8 billion recorded in the same...
  • AT&T to sell 70% DirecTV stake for $7.6B
    AT&T Inc. announced on Monday that it will sell its remaining stake in digital satellite service provider DirecTV to private equity firm TPG Inc. for $7.6 billion. AT&T currently holds a 70% stake in DirecTV."This sale allows AT&T to continue to focus on being the leading wireless 5G and fiber connectivity...
  • AT&T at highest value since June 2021 on merger news
    The shares of AT&T Inc. popped on Monday, hitting their highest value since June 2021, following reports about a potential merger between EchoStar Corporation's Dish Network and the former's DirecTV.It was previously reported by Reuters that the two are currently in the early stages of...
  • Microsoft 365 connection issue fixed, AT&T says
    AT&T has confirmed that previous issues preventing some of its users from accessing Azure and Microsoft 365 services have been resolved. "The recent O365 issue affecting AT&T home internet users has been resolved. If you experienced email or Teams outages, everything should now be back...
  • AT&T's revenue down 0.4% to $29.8 billion in Q2
    AT&T Inc. revealed on Wednesday that its revenue in the second quarter of fiscal 2024 decreased by 0.4% on an annual basis to $29.8 billion, slightly below analyst expectations.Operating income in the quarter amounted to $5.8 billion, falling from $6.4 in the same period in 2023. In the reported...
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