AT&T on Tuesday outlined new long-term financial goals it says will be powered by its wireless and broadband services as it works to wind down its legacy landlines — and leaves the media business behind. As a result, the Dallas company expects its free cash flow to be more than $18 billion in 2027, the company said as it detailed a three-year vision for the business to expand its 5G and double its fiber services across the United States.
Learning from losses — What can San Antonio gain from hard truths about AT&T’s departure? “Over the last four years, we’ve achieved durable and profitable subscriber growth, generated attractive returns on network investment, and strengthened our balance sheet,” AT&T CEO John Stankey said in a statement. He took the reins in 2020 and was one of the executives who, in 2008, made the decision to move the company from San Antonio.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crypto Industry's $40 Million Defeat of Pro-Worker Sherrod Brown Called 'Obscene'Jake Johnson is a senior editor and staff writer for Common Dreams.
Read more »