T has performed well, delivering a total return of 43% since August 2023, outpacing the market. AT&T added 349,000 postpaid phone subscribers in Q1 2024, significantly outpacing Verizon, and shows continued strength in its fiber broadband segment with 252,000 net additions. AT&T reduced its debt to $128.7 billion from $134.7 billion, targeting a net debt to adjusted EBITDA ratio of 2.5x by mid-2025, supported by a strong balance sheet.
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AT&T stock is poised to report its Q2 2024 earnings on July 24. The stock has fared reasonably well this year, rising by about 11% since early January.
Two U.S. senators on Tuesday asked AT&T to answer questions about a massive hacking incident in April that resulted in the illegal downloading of about 109 million customer accounts at the U.S. wireless company.
AT&T spent the last few years improving its financial health and expanding its 5G and fiber optic internet businesses. The company's free cash flow is growing and expected to exceed 2023's $16.8 billion this year.
This week, AT&T confirmed it will begin notifying around 110 million AT&T customers about a data breach that allowed cybercriminals to steal the phone records of “nearly all” of its customers. The stolen data contains phone numbers and AT&T records of calls and text messages during a six-month period in 2022, the company says.
AT&T has disclosed a significant data breach that compromised user information for nearly all of its mobile phone customers during a six-month period in 2022.
AT&T's T -0.48%decrease; red down pointing triangle disclosure Friday that a hacker downloaded call and text-message data from its subscribers raised questions about how its millions of customers would be affected.
AT&T says a suspect was apprehended in connection with the hack, which included numbers customers texted or called
AT&T Inc (NYSE:T) announced hackers illegally downloaded data from 109 million customers containing call and text records from 2022, but noted the content of messages and sensitive personal information such as social security numbers were not compromised.
AT&T (NYSE: T ) just disclosed that “nearly all” of its customers were impacted by a breach of 2022 data. As a result of the AT&T data breach, logs of the calls and texts of the company's customers were reportedly stolen.
AT&T (T) said Friday that call and text records from “nearly all” its cellular customers were compromised in a massive data breach in April, sending shares lower.