Results for: Network investment

AT&T Inc. (T) reported a solid first quarter, showcasing the company’s commitment to an investment-led strategy and delivering positive results. Here’s an overview of the key takeaways:

* **Growth in key areas:** AT&T added 349,000 postpaid phone subscribers, bringing the total to 71.6 million high-value subscribers. The company also added 252,000 AT&T fiber net additions, increasing the fiber consumer subscriber base to nearly 8.6 million.

* **Adjusted EBITDA growth:** Adjusted EBITDA increased by 4.3%, driven by growth in mobility, consumer wireline in Mexico, partly offset by a decline in business wireline.

* **Strong cash flow:** AT&T generated $3.1 billion in free cash flow, driven by efficient EBITDA growth and improved cash conversion.

* **Continued network investment:** AT&T remains focused on network investments, with plans to connect 25 million people by 2030 and expand 5G and fiber access.

* **Broadband growth:** AT&T Fiber continues to drive broadband growth, capturing over one-third of broadband net adds across major providers for the past three years.

* **Business solutions focus:** AT&T is expanding its business solutions portfolio, including FirstNet and AT&T Internet Air for business.

* **Debt reduction and shareholder value:** AT&T is committed to debt reduction and shareholder value, targeting a leverage ratio of 2.5 times by the first half of 2025.

T-Mobile has completed a multi-year 5G network investment totaling over $163 million in Arkansas, bringing faster speeds and better coverage to millions across the state. The enhancements include 170 new cell sites, upgrades to over 450 existing sites, and expanded 5G Ultra Capacity coverage by 260% in just three years. T-Mobile now provides 5G service along 97% of interstate highways and U.S. highways in Arkansas, making it easier for residents and businesses to stay connected, access educational opportunities, and grow their enterprises. The company’s investment also includes T-Mobile 5G Home Internet, bringing reliable and affordable home and business internet connectivity to over 600,000 households in Arkansas. Alongside network improvements, T-Mobile remains committed to community support through initiatives like Hometown Grants, Project 10Million, and Connecting Heroes, empowering small towns, students, and first responders.