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SP100NYSEAT&T Inc.
Communication Services · Telecom Services · United States
AT&T Inc. provides telecommunications and technology services worldwide. It operates through two segments, Communications and Latin America. The Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, carrying cases/protective covers, and wireless chargers through its own company-owned stores, agents, and third-party retail stores. It also provides AT&T Dedicated Internet, fiber ethernet and broadband, fixed wireless, and hosted and managed professional services; and copper-based voice and data, Virtual Private Networks (VPN), wholesale, outsourcing, and IP, as well as customer premises equipment for multinational corporations, small and mid-sized businesses, governmental, and wholesale customers. In addition, this segment offers broadband services, including fiber connections, legacy telephony voice communication services, and other VoIP services and equipment to residential customers. This segment markets its communications services and products under the AT&T, AT&T Business, Cricket, AT&T PREPAID, AT&T Fiber, and AT&T Internet Air brand names. Its Latin America segment provides postpaid and prepaid wireless services in Mexico under the AT&T and Unefon brand names, as well as sells smartphones through its stores, agents and third-party retail stores. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in 2005. AT&T Inc. was incorporated in 1983 and is based in Dallas, Texas.
www.att.com ↗Shares trade at a low 6.9× trailing earnings, easing to 8.1× on forward estimates. Profitability shows a net margin of 16.9% and return on equity of 18.4%. Leverage is elevated at 3.3× net debt/EBITDA. Revenue grew 2.9% year-on-year. It yields 5.4% in dividends. The mean analyst target of USD30.24 sits 46.9% above the current price (Buy, 23 analysts).
business model
AT&T is a telecommunications company that provides wireless and wireline connectivity, generating recurring revenue from mobility subscriptions, fiber and broadband internet, and business connectivity services. Following the spin-off of its media assets, it is focused on being a connectivity provider, monetizing postpaid wireless subscribers and expanding its fiber footprint.
revenue segments
Revenue is reported mainly across Mobility (wireless service and equipment), Consumer Wireline (fiber and broadband to homes), and Business Wireline (connectivity and services to businesses). Mobility service revenue and growing fiber revenue are the primary drivers, with legacy wireline in secular decline.
key dependencies
Depends on postpaid phone subscriber growth and churn, fiber-build execution and penetration, spectrum holdings and network capital spending, competitive pricing and promotions, debt levels and interest costs, and demand for converged wireless-plus-fiber bundles.
competitors
Competes with Verizon and T-Mobile in wireless, and with Comcast, Charter, and other cable and fiber providers in broadband; fixed-wireless access from rivals and cable-mobile offerings intensify competition across both markets.
moat
Its moat comes from expensive-to-replicate wireless and fiber network infrastructure, valuable spectrum licenses, scale economics, a large subscriber base, and bundling of mobility and fiber that can reduce churn. High capital barriers limit new entrants.
risks
Risks include intense price competition and promotional intensity in wireless and broadband, a large debt load and interest-rate sensitivity, heavy ongoing capital-expenditure needs for 5G and fiber, secular decline in legacy wireline, and potential liabilities such as those related to legacy lead-clad cables.
Financials & metrics
as of 04 Jul 2026Tap any metric for an explanation.● provider● computedN/A not available from source
Dividends
This company does not currently pay a dividend.
Analyst assessment
as of 04 Jul 2026Aggregate consensus only. Named per-analyst targets require a premium source and are not shown; the data model is ready to hold them if one is added.