John Stankey to Update Shareholders at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on May 21

CNW Group05-21

DALLAS, May 20, 2024 /CNW/ -- Tune in at 8:10 a.m. ET on May 21 for a fireside chat with AT&T's chief executive officer, where he will cover recent progress on the company's multiyear growth strategy....

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Morgan Global Technology, Media and Communications Conference on May 21","media":"CNW Group","content":"<div>\n<p>DALLAS, May 20, 2024 /CNW/ -- Tune in at 8:10 a.m. ET on May 21 for a fireside chat with AT&T's chief executive officer, where he will cover recent progress on the company's multiyear growth strategy....</p>\n\n<a href=\"https://finance.yahoo.com/news/john-stankey-shareholders-52nd-annual-203000373.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>John Stankey to Update Shareholders at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on May 21</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJohn Stankey to Update Shareholders at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on May 21\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-21 04:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/john-stankey-shareholders-52nd-annual-203000373.html><strong>CNW Group</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DALLAS, May 20, 2024 /CNW/ -- Tune in at 8:10 a.m. ET on May 21 for a fireside chat with AT&T's chief executive officer, where he will cover recent progress on the company's multiyear growth strategy....</p>\n\n<a href=\"https://finance.yahoo.com/news/john-stankey-shareholders-52nd-annual-203000373.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4127","symbol_name":"投资银行业与经纪业","start_time":0,"source_url":"https://finance.yahoo.com/news/john-stankey-shareholders-52nd-annual-203000373.html","article_id":"2437487830","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/2BE1ZmDtVW3VUAawsKR3xQ--~B/aD0yMzI7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/cnwgroup.com/0c8d14fa161d1b8f9160bcd25add14b3"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2437487830","pubTimestamp":1716237000,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"DALLAS, May 20, 2024 /CNW/ -- Tune in at 8:10a.m. ET on May 21 for a fireside chat with AT&T's chief executive officer, where he will cover recent progress on the company's multiyear growth strategy.AT&T continues to make progress on its sustainable, long-term growth strategy and remains on track to meet all of its financial guidance.The company continues to see healthy customer demand for world-class 5G and fiber connectivity.As one of the largest investors in telecommunications infrastructure in the United States, AT&T remains focused on building vital, high-performance 5G and fiber networks. To support these efforts, the company continues to expect 2024 capital investment in the $21-22 billion range.John Stankey, chief executive officer, AT&T  Inc., will speak tomorrow at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference where he will provide an update to shareholders. Here are the key topics Stankey is expected to cover:. The company is on track to ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4127":"投资银行业与经纪业","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","BK4515":"5G概念","BK4585":"ETF&股票定投概念","ARP":"PMV ADAPTIVE RISK PARITY ETF","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","T":"美国电话电报","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU0106831901.USD":"贝莱德世界金融基金A2","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","TBB":"AT&T Inc.","LU2384288077.EUR":"AZ EQUITY GLOBAL INFRASTRUCTURE \"A-INS\" (EUR) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU1621767737.EUR":"AZ EQUITY GLOBAL INFRASTRUCTURE \"AAZ\" (EUR) ACC","LU1621768206.USD":"AZ EQUITY GLOBAL INFRASTRUCTURE \"AAZ\" (USD) ACC","LU1621767810.EUR":"AZ EQUITY GLOBAL INFRASTRUCTURE \"A\" (EUR) INC","LU1621768115.EUR":"AZ EQUITY GLOBAL INFRASTRUCTURE \"B\" (EUR) INC","BK4588":"碎股","BK4550":"红杉资本持仓","BK4115":"综合电信业务","LU0971096721.USD":"富达环球金融服务 A","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0149725797.USD":"汇丰美国股市经济规模基金","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","BK4581":"高盛持仓","BK4504":"桥水持仓"},"translate_title":"约翰·斯坦基在5月21日举行的第52届摩根大通全球技术、媒体和通信年会上向股东介绍最新情况","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARP":1,"TBB":0.9,"T":0.9},"content_text":"DALLAS, May 20, 2024 /CNW/ -- Tune in at 8:10 a.m. ET on May 21 for a fireside chat with AT&T's chief executive officer, where he will cover recent progress on the company's multiyear growth strategy.\nKey Takeaways:\n\nAT&T continues to make progress on its sustainable, long-term growth strategy and remains on track to meet all of its financial guidance.\nThe company continues to see healthy customer demand for world-class 5G and fiber connectivity.\nAs one of the largest investors in telecommunications infrastructure in the United States, AT&T remains focused on building vital, high-performance 5G and fiber networks. To support these efforts, the company continues to expect 2024 capital investment in the $21-22 billion range.\n\nJohn Stankey, chief executive officer, AT&T (NYSE: T) Inc., will speak tomorrow at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference where he will provide an update to shareholders. Here are the key topics Stankey is expected to cover:\nThe company's focus on leading with world-class connectivity is working. \n\nAT&T continues to benefit from the connectivity-focused, investment-led strategy it laid out nearly four years ago. By executing on a simple playbook, the company is achieving steady customer growth, improving returns and enabling additional investments that are benefiting the business.\nAT&T's simple and consistent go-to-market approach continues to resonate with customers and has created a sustainable model for healthy growth and strong cash conversion.\n\nAT&T remains focused on growing durable relationships with high-quality 5G & fiber customers.\n\nThe company continues to see healthy, but normalizing, wireless industry trends and is pleased with how the Mobility business is performing in the second quarter.\nAT&T Fiber penetration rates continue to exceed initial business case assumptions with net adds varying from quarter to quarter based on seasonality, market dynamics and the pace of new fiber locations passed.\nAT&T's connectivity portfolio continues to expand and includes multiple technologies, including 5G, fiber and the company's fixed wireless access product – AT&T Internet Air – which is now available in parts of 95 locations for consumers and nationwide for businesses.\nAT&T is uniquely positioned to offer converged services at scale across its owned and operated 5G and fiber networks. With the largest wireless network in North America1 and the largest domestic consumer fiber internet network2, AT&T benefits from owner's economics when it adds converged mobile and broadband subscribers.\n\nAT&T remains on track to achieve its financial guidance.\n\nThe company remains confident in its ability to deliver on all of the financial guidance shared during its earnings report in April 2024.\nAT&T also remains focused on driving incremental efficiencies through its goal of $2 billion+ in run-rate cost savings by mid-2026.\nThe company is on track to achieve net-debt to adjusted EBITDA in the 2.5x range in the first half of 2025. It also plans to continue addressing short-term financing obligations as it shapes an even more sustainable and ratable free cash flow cadence.\n\nAT&T continues to invest in the future of America's connectivity. \n\nAT&T continues to make critical investments in its wireless and fiber future. Over the past five years, from 2019 to 2023, AT&T invested $145 billion+ primarily in its wireless and wireline networks, including capital investments and acquisitions of wireless spectrum3. To support its ongoing investment in 5G and fiber, the company continues to expect 2024 capital investment in the $21-22 billion range.\nAT&T believes fiber is the best internet access technology available today, and is pursuing a variety of models for connecting more people with fiber.\n   \nThis includes AT&T's in-footprint fiber build, which already passes 27 million+ consumer and business locations today and remains on pace to pass 30 million+ consumer and business locations by the end of 2025.\nBased on fiber returns that are better than initial assumptions, AT&T sees a potential opportunity to pass an incremental 10 to 15 million consumer and business fiber locations within its existing footprint – assuming similar build parameters and a regulatory environment that incentivizes investing in America's robust connectivity needs.\nOutside of AT&T's footprint, its Gigapower joint venture with BlackRock, through a fund managed by its Diversified Infrastructure business, has been up and running for just over a year with fiber build progress in parts of Arizona, Florida, Minnesota, Nevada, New Mexico, North Carolina, Pennsylvania and South Carolina.\nThe company is also pursuing opportunities to invest in fiber through public-private partnerships including the American Rescue Plan (ARP) and Broadband Equity, Access and Development (BEAD) Program.\n\nIn Mobility, AT&T is advancing and modernizing its wireless network by accelerating the transition to Open Radio Access Networks (Open RAN), which the company believes will enable a more robust supplier ecosystem and drive efficiencies and longer-term cost savings. \nAdditionally, through a definitive commercial agreement with AST SpaceMobile, AT&T recently took another step toward providing more ubiquitous connectivity for consumers and businesses via a space-based broadband network direct to everyday cell phones. In 2023, in collaboration with AT&T, AST SpaceMobile delivered several industry-first wins such as the first-ever 5G cellular connectivity, 4G voice and video call, and text via space between everyday smartphones.\nThese collective efforts to enhance, expand and differentiate AT&T's network further improve our ability to provide customers with high-speed internet service wherever they are, and advance AT&T's progress on becoming America's best converged connectivity provider.\n\nThe webcast of Stankey's conversation will be available live, and for replay, at AT&T Investor Relations.\n1 Based on comparison of carrier owned & operated networks. No AT&T on-net coverage in select countries, including Canada. Details: att.com/international. Destinations covered: att.com/globalcountries. 5G claim based on nationwide GWS drive test data. GWS conducts paid drive tests for AT&T and uses the data in its analysis. AT&T 5G requires compatible plan and device. 5G coverage not available everywhere. Learn more at att.com/5Gforyou.\n2 Based on publicly available data of the number of fiber-to-the-home households.\n3 The years ended December 31, 2020 through 2023 present results from continuing operations, and the year ended December 31, 2019 includes comparable adjustments to remove capital expenditures from discontinued operations.\nAbout AT&TWe help more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses, connect to greater possibility. From the first phone call 140+ years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit us at about.att.com. Investors can learn more at investors.att.com.\nCautionary Language Concerning Forward-Looking Statements\nInformation set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.This news release may contain certain non-GAAP financial measures. Reconciliations between the non-GAAP financial measures and the GAAP financial measures are available on the company's website at https://investors.att.com.\n© 2024 AT&T Intellectual Property. All rights reserved. AT&T and the Globe logo are registered trademarks of AT&T Intellectual Property. \n\n\n\n\n\n View original content to download multimedia:https://www.prnewswire.com/news-releases/john-stankey-to-update-shareholders-at-the-52nd-annual-jp-morgan-global-technology-media-and-communications-conference-on-may-21-302150524.html\nSOURCE AT&T\n View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2024/20/c9384.html","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2437487830"}