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AT&T Inc. (NYSE: T)

Telecom Services ยท Dallas, TX, United States ยท Founded 1983

$150.0B
Market Cap
$125.65B
Revenue
150,000
Employees
$21.95B
Net Income
๐Ÿ“Š Key Statistics for AT&T Inc. (T)
  • Market capitalization: $150.0 billion
  • Annual revenue: $125.65 billion
  • Net income: $21.95 billion
  • Employees: 150,000
  • Sector: Communication Services
  • Headquarters: Dallas, United States
  • Founded: 1983

Source: Statvoo company profile for AT&T Inc.. Browse all 500+ companies

๐Ÿ“‹ About AT&T Inc.

AT&T is the third-largest U.S. wireless carrier and one of the largest fiber broadband providers, with about 70 million wireless subscribers and 8+ million fiber customers. Revenue is approximately $122 billion. The company divested its media assets (WarnerMedia) to Discovery in 2022, ending a disastrous foray into entertainment. AT&T is now a pure-play connectivity company focused on 5G wireless and fiber expansion.

๐Ÿ’ฐ How AT&T Inc. Makes Money

Mobility (wireless) is the core profit driver at about 55% of revenue. Consumer Wireline (fiber, legacy DSL) and Business Wireline (enterprise networking) make up the rest. AT&T is investing heavily in fiber-to-the-home, targeting 30+ million locations. The company carries over $130 billion in debt, a legacy of the Time Warner acquisition and spectrum purchases.

๐Ÿ“œ Key Milestones

AT&T's lineage goes back to Alexander Graham Bell's telephone patent in 1876. The original AT&T was broken up by the government in 1984 into seven "Baby Bells." SBC Communications, one of those Baby Bells, acquired AT&T in 2005 and took its name. The $85 billion Time Warner acquisition in 2018 was supposed to create a media-telecom giant โ€” instead it destroyed value and was unwound just four years later.

๐Ÿ“Š Financial Overview
Market Capitalization$150.0B
Annual Revenue$125.65B
Net Income$21.95B
Profit Margin17%
Revenue per Employee$837667K
Stock ExchangeNYSE
Ticker SymbolT

Financial data is approximate and based on most recent annual filings.

๐Ÿ’ก Did You Know?

AT&T has effectively been broken up and reassembled twice โ€” the 1984 breakup and the subsequent reconsolidation through mergers. The Time Warner deal destroyed roughly $50 billion in shareholder value in four years. AT&T's dividend, once considered sacred, was cut by 47% in 2022 after the WarnerMedia spinoff โ€” ending a streak that income investors had relied on for decades.

๐Ÿ“ Analyst Take

Post-media, AT&T is a simpler, more focused company, and the fiber buildout is the right strategy. But the debt mountain and years of capital misallocation mean it'll take time to rebuild credibility with investors.

โ“ Frequently Asked Questions

What is AT&T Inc.'s revenue?

AT&T Inc. generates approximately $125.65 billion in annual revenue.

How many employees does AT&T Inc. have?

AT&T Inc. employs approximately 150,000 people worldwide.

What is AT&T Inc.'s market cap?

AT&T Inc. (T) has a market capitalization of approximately $150.0 billion on the NYSE.

When was AT&T Inc. founded?

AT&T Inc. was founded in 1983 and is headquartered in Dallas, TX, United States.

Who is the CEO of AT&T Inc.?

John Stankey is the current CEO of AT&T Inc..

What is AT&T Inc.'s website?

AT&T Inc.'s official website is att.com.