AT&T, Inc.

Strong Financial Performance: AT&T reported solid first-quarter results, with total revenues increasing by 2% and service revenues up by 1.2% year-over-year (YOY). Adjusted EBITDA rose by 4.4%, indicating the company's ability to generate higher earnings from its operations. This performance was primarily driven by a growing customer base in the mobility and consumer wireline segments.

Fiber Expansion and Wireless Growth: The company's fiber network is expected to surpass the goal of passing 30 million locations by mid-2025, with a long-term target of over 50 million by 2029. AT&T has seen significant growth in converged customer relationships, with over 40% of fiber households subscribing to mobility services. This strategy is anticipated to provide long-term revenue stability and growth.

Dividend and Share Buyback Initiatives: AT&T plans to commence share repurchases in the second quarter of 2025, with an authorization of $10 billion, aiming to execute at least $3 billion by the end of the year. This action signals confidence in cash flow generation and a commitment to returning capital to shareholders.