AT&T Inc. (T) reiterated its 2025 financial guidance and reaffirmed plans to repurchase $20 billion worth of shares between 2025 and 2027. The telecom giant reported solid customer demand in its wireless business and expects to have more than 60 million fiber locations by 2030, double its current coverage.
AT&T Inc. (T) has reiterated its 2025 financial guidance and reaffirmed plans to repurchase $20 billion worth of shares between 2025 and 2027. The telecom giant reported solid customer demand in its wireless business and expects to have more than 60 million fiber locations by 2030, doubling its current coverage.
The company's 2025 financial guidance includes a focus on its wireless business, which has seen robust demand. AT&T expects to continue its growth trajectory, driven by strong customer acquisition and retention efforts. The company's wireless segment has been a key driver of its revenue growth, and management expects this trend to continue.
In addition to its financial guidance, AT&T has reaffirmed its share repurchase plan. The company plans to repurchase $20 billion worth of shares between 2025 and 2027, which is part of its broader strategy to return capital to shareholders. The repurchase plan is expected to be funded through the company's cash flows and is subject to market conditions and regulatory approvals.
The company's plans to expand its fiber network are also notable. AT&T expects to have more than 60 million fiber locations by 2030, doubling its current coverage. This expansion is part of the company's broader strategy to enhance its network infrastructure and provide faster and more reliable connectivity to its customers. The company believes that the expansion of its fiber network will be a key driver of its growth and will help it to compete more effectively in the rapidly evolving telecommunications landscape.
Overall, AT&T's 2025 financial guidance and share repurchase plan reflect the company's confidence in its ability to continue its growth trajectory and return value to shareholders. The company's focus on its wireless business and expansion of its fiber network are key drivers of its growth strategy.
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