Trump announces trade deal with EU following months of negotiations
DALLAS - AT&T Inc. (NYSE:T) has confirmed that its Chief Operating Officer, Jeff McElfresh, will speak at the 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference on Tuesday. McElfresh is expected to provide an update on the company’s multi-year strategic growth plan, which includes a commitment to customer service, ongoing network investment, and increased returns to shareholders.
The telecommunications giant has reiterated its full-year 2025 financial and operational guidance, signaling confidence in its business strategy. AT&T’s plan aims to solidify its position as a leading connectivity provider in America, focusing on delivering services through a combination of fiber and 5G networks.
The company’s Mobility business is reported to be performing in line with expectations set during its first-quarter earnings call of 2025. In the Consumer Wireline segment, AT&T is expanding its AT&T Fiber offering, which is touted as America’s fastest internet with reliable speeds, although availability is limited in select areas.
For the second quarter of 2025, AT&T anticipates capital investments to be between $4.5 billion and $5 billion, with an expected free cash flow of approximately $4 billion. The company also remains committed to its share repurchase program, intending to buy back at least $3 billion in common stock by the end of the year, with the remainder to be repurchased in 2026.
This update is based on a press release statement and the information provided therein. AT&T has a history of innovation, from the inception of the first phone call over 140 years ago to today’s advanced 5G and multi-gig internet services. The company serves more than 100 million U.S. families and nearly 2.5 million businesses.
Investors and interested parties can access full conference details and a replay of the webcast on the AT&T Investor Relations website. Those wishing to receive AT&T financial news by email can subscribe to email alerts through the company’s investor relations page.
In other recent news, AT&T reported its first-quarter 2025 financial results with revenue exceeding expectations at $30.6 billion, although earnings per share (EPS) slightly missed forecasts at $0.51 compared to the expected $0.52. UBS analyst John Hodulik maintained a Buy rating for AT&T, citing a 3.5% increase in EBITDA and a positive outlook for free cash flow growth. Bernstein analysts also retained an Outperform rating, noting subscriber growth and improved margins as key positive factors. Evercore ISI raised AT&T’s stock price target to $27, acknowledging strong quarterly performance in wireless and broadband sectors. JPMorgan increased AT&T’s price target to $31, highlighting impressive postpaid phone net additions and robust EBITDA growth. Furthermore, AT&T announced a $10 billion share repurchase program, reflecting confidence in its strategic direction. The company is set to begin share buybacks in the second quarter of 2025, earlier than initially planned by UBS. These developments indicate a strong start to the year for AT&T, with analysts showing confidence in its financial and operational strategies.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.