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AT&T forecasts stronger cash flow in 2019 to help reduce debt

2018-11-30 08:47:00| Telecompaper Headlines

(Telecompaper) AT&T forecast a strong increase in free cash flow next year, to USD 29.5 billion from a targeted USD 22 billion in 2018. The extra cash from the takeover of Time Warner should help the company meet its target to reduce debt to around 2.5x adjusted EBITDA by the end of 2019, the US operator announced at a meeting with analysts. 

Tags: cash flow reduce att


AT&T demos mmWave 5G browsing on Netgear 5G mobile hotspot

2018-10-29 09:08:00| Telecompaper Headlines

(Telecompaper) AT&T said it completed what it calls the world's first millimeter wave mobile 5G browsing session with a standards-based device on a mobile 5G network on 25 October. The session was completed in Waco, on what will be a commercially available 5G device, the Netgear Nighthawk 5G Mobile Hotspot. This is the first standards-based mobile 5G device in the world able to access a live mmWave 5G network, the company said.

Tags: mobile att browsing demos


AT&T US down 297k; Vrio down 73k video subs in 3Q 2018

2018-10-24 13:30:52| Digital TV News

AT&T (NYSE:T) has reported results for the third quarter of 2018. Total U.S. video subscribers declined by 297,000 in the quarter as DIRECTV NOW subscriber additions partially offset linear video declines. For Vrio, gains in Brazil were offset by losses in other regions.

Tags: in video att subs


AT&T posts double-digit growth in Q3 results as Warner takeover offsets legacy business

2018-10-24 13:24:00| Telecompaper Headlines

(Telecompaper) AT&T reported a double-digit increase in third-quarter revenues and profit, boosted by the first full quarter including Time Warner. The acquisition helped offset continued losses in pay-TV subscribers and lower service revenues in the mobile and fixed businesses. The US operator maintained its outlook for growth in full-year adjusted earnings and cash flow and said it's making progress with debt reduction. 

Tags: business results posts growth


AT&T plans new consumer streaming service based around Warner content

2018-10-11 09:06:00| Telecompaper Headlines

(Telecompaper) AT&T announced plans to launch a new direct-to-consumer streaming service in the fourth quarter of 2019. The new service will focus on the WarnerMedia collection of films, TV series, documentaries and animation. WarnerMedia CEO John Stankey announced the plans at Vanity Fair's New Establishment Summit.

Tags: service content based plans


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