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Jeff McElfresh to Update Shareholders at the 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference on May 13

News Provided by PR Newswire2025-05-12

Jeff McElfresh to Update Shareholders at the 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference on May 13

[12-May-2025]

DALLAS, May 12, 2025 /PRNewswire/ -- Tomorrow, AT&T's chief operating officer will participate in a fireside chat where he will discuss the Company's multi-year strategic growth plan.

Key Takeaways:

AT&T reiterates full-year 2025 financial and operational guidance.
AT&T is pursuing a multi-year strategic growth plan that centers around putting customers first, continued network investment and increased capital returns to shareholders.

Jeff McElfresh, chief operating officer, AT&T Inc. (NYSE:T), will speak tomorrow at the 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference where he will provide an update to shareholders.

AT&T's multi-year strategic growth plan will substantially advance its progress on becoming the best connectivity provider in America. The Company continues to differentiate its position within the connectivity industry by increasing its opportunity to serve customers how they want to be served, by one provider with fiber and 5G in a converged manner.

The wireless market remains both healthy and competitive, with the Company's Mobility business continuing to perform in-line with the trends and expectations outlined during its first quarter 2025 earnings call.

In Consumer Wireline, the Company continues to expand access to AT&T Fiber – America's fastest internet with the most reliable speeds.¹ Trends in AT&T Fiber penetration rates remain consistent, with net adds varying from quarter to quarter based primarily on the pace of new fiber locations passed, seasonality and marketplace dynamics.

For the second quarter 2025, the Company continues to expect capital investment* in the $4.5 billion to $5 billion range and free cash flow* of approximately $4 billion.

AT&T reiterates all full-year 2025 financial and operational guidance. Additionally, the Company continues to operate the business to achieve the financial plan and capital returns outlined at its 2024 Analyst & Investor Day.

AT&T remains committed to repurchasing shares under the previously announced $10 billion authorization, with plans to repurchase at least $3 billion of common stock by year-end and the remainder during 2026.

Full conference details are posted on the AT&T Investor Relations website, including a replay of the webcast. To automatically receive AT&T financial news by email, please subscribe to email alerts.

¹Limited availability in select areas. Based on analysis by Ookla^® of Speedtest Intelligence® data nationwide Speed Score and Consistency Score for Q3–Q4 2024. Ookla trademarks used under license and reprinted with permission.

Cautionary Language Concerning Forward-Looking Statements
Information 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 investors.att.com.

About AT&T
We 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.