Tag

Fiber Network

All articles tagged with #fiber network

AT&T Stock Soars Amid Growth Plans and Shareholder Incentives

Originally Published 1 year ago — by TheStreet

AT&T's stock surged as CEO John Stankey outlined a growth strategy focused on expanding its 5G and fiber networks, following the sale of its DirecTV stake. The company plans to invest $22 billion over three years to double its fiber network and expand its 5G reach to 200 million homes by 2029. AT&T aims to return $40 billion to shareholders through dividends and buybacks, while defending its annual dividend of $1.11 per share. The company also raised its 2024 profit forecast, contributing to a 5.5% rise in premarket trading.

business business 5g atandt business dividend fiber-network shareholders

AT&T's Strategic Growth Plan Boosts Stock and Shareholder Confidence

Originally Published 1 year ago — by AT&T Newsroom

AT&T has announced a strategic plan focused on expanding its 5G and fiber networks to drive sustainable growth and enhance shareholder returns. The company aims to reach over 50 million fiber locations by 2029 and modernize its 5G network by 2027. AT&T plans to return more than $40 billion to shareholders through dividends and share repurchases over the next three years, supported by a $50 billion financial capacity. The strategy includes significant capital investments and a focus on customer-centric services to maintain its leadership in connectivity.

business business 5g atandt business fiber-network investment-strategy shareholder-returns