All articles tagged with #fiber expansion
AT&T, Verizon, and T-Mobile are set to report Q3 earnings amid increased wireless competition and strategic shifts, with Verizon's new CEO potentially suspending dividend growth to fund fiber expansion and growth initiatives, while T-Mobile continues subscriber growth and strategic leadership changes.
AT&T projects over $18 billion in free cash flow by 2027, driven by expanding its 5G and fiber services across the U.S. The company plans to double fiber internet availability, enhance its 5G network, and offer bundled discounts, aiming to reach over 50 million locations with fiber by 2029. AT&T also plans to return more than $40 billion to shareholders through dividends and share repurchases over the next three years, with annual capital investments around $22 billion. The company raised its 2024 earnings forecast and expects low-single-digit annual service revenue growth from 2025 to 2027.