AT&T Inc.'s management explains the business in its own materials. The slides below do the most of that work, pulled from the documents preserved in Sources. Each source link opens the complete presentation at that slide in a new tab.
The newest deck, and the clearest picture of AT&T today: it splits the company into the growing 'Advanced Connectivity' business and the shrinking 'Legacy' one, then lays out the 2026-2028 targets. · Open the full document →
p. 3 — One-page snapshot: $31.6B revenue, $4.7B free cash flow, and the fiber/fixed-wireless/postpaid net adds that drive growth. · Open the full presentation →p. 4 — Consolidated results over five quarters — service revenue, adjusted EBITDA and margin, free cash flow, and adjusted EPS. · Open the full presentation →p. 5 — The growth engine: Advanced Connectivity revenue and EBITDA, split by consumer and business, wireless vs fiber. · Open the full presentation →p. 6 — Operating drivers of growth — fiber locations passed, broadband connections, converged customers, and postpaid phone net adds. · Open the full presentation →p. 7 — The Legacy business in runoff: copper revenue and EBITDA falling as AT&T wins approval to shut down wire centers. · Open the full presentation →p. 8 — Capital allocation — capex, net debt and 2.7x leverage, and the mix of dividends and buybacks returned to shareholders. · Open the full presentation →p. 9 — The 2026-2028 targets management is now measured against: revenue, EBITDA, capex, free cash flow, and EPS. · Open the full presentation →
The most recent full-year deck, and the best look at AT&T's economics one segment at a time — Mobility, Consumer Wireline, and Business Wireline. · Open the full document →
p. 3 — Full-year 2025 in four numbers: 74.2M postpaid phone subscribers, 32M+ fiber locations, 10.4M fiber subscribers, rising convergence. · Open the full presentation →p. 5 — Mobility — the profit core: wireless service revenue, EBITDA margin, postpaid phone net adds, churn, and ARPU. · Open the full presentation →p. 6 — Consumer Wireline — the fiber growth story: fiber revenue and margin, fiber and fixed-wireless net adds, ARPU, and converged customers. · Open the full presentation →p. 7 — Business Wireline — the transition: growing fiber/advanced connectivity revenue offset by declining legacy EBITDA. · Open the full presentation →
The strategy deck of the set: the three-pillar 'business priorities' framework, the AT&T Guarantee, and a scorecard showing management hit every 2024 target. · Open the full document →
p. 3 — The strategy in three pillars — grow 5G and fiber, run efficiently, allocate capital deliberately — with what 2024 delivered under each. · Open the full presentation →p. 4 — The 5G-and-fiber growth engine on one page: subscribers, ARPU, revenue, and EBITDA margins for Mobility and Fiber, year over year. · Open the full presentation →p. 5 — The forward plan: 2025 priorities including a $3B+ cost-savings target, AI adoption, copper-to-fiber transition, and a $10B buyback. · Open the full presentation →p. 6 — The AT&T Guarantee — the customer-facing service promise management uses to differentiate the brand. · Open the full presentation →p. 8 — 4Q24 financial summary, and how AT&T reconciles the DIRECTV stake out of adjusted EPS and free cash flow. · Open the full presentation →p. 9 — The credibility exhibit: 2024 guidance versus actual results — every consolidated target met. · Open the full presentation →
AT&T 1Q2026 Earnings — Q1 2026 · 14 pages · The first deck to report under the new Advanced Connectivity vs Legacy structure — the transition quarter for how AT&T presents itself. · Open →
AT&T 4Q2023 Investor Update — Q4 2023 / FY2023 · 13 pages · The FY2023 baseline: the same three-pillar priorities framework and segment results one year earlier, before the current growth phase. · Open →
