The stolen data does not include the content of users' phone calls or text messages.
AT&T says hackers stole call and text records from "nearly all" of its wireless customers. The data includes the phone numbers that customers interacted with.
The leak included call and message information on nearly all its wireless customers from 2022, the company said in a filing.
AT&T said Friday that data from about 109 million customer accounts containing records of calls and texts from 2022 was illegally downloaded in April.
AT&T Inc.'s stock fell 3% early Friday, after the telecommunications giant said hackers unlawfully accessed and copied call logs containing records of customer calls and texts from the period stretching from May 1 to Oct. 31, 2022, as well as on Jan. 2, 2023.
U.S. phone giant AT&T confirmed Friday it will begin notifying millions of consumers about a fresh data breach that allowed cybercriminals to steal the phone records of “nearly all” of its customers, a company spokesperson told TechCrunch.
AT&T (T) appears to be treading in the middle of the road and investors could be better off if they trade with caution.
AT&T (NYSE: T) stock price has staged a strong comeback in the past few months, making it one of the best telecom companies in the US. It bottomed at $12.75 in July last year to almost $20 today.
I have been bullish and invested in AT&T since late December last year. The run-up in T's price introduces a concern about exhausted upside. Looking at the fundamentals, I see a clear case for remaining bullish.
T stock may have reached an inflection point with improving cash flow and strengthening market position. The current competitive landscape shows stabilization and improvement in market share for T with its cost-effective plans and reliable network. Despite some risks, T stock remains a deep-value play with a compressed valuation, high dividend yield, and improving fundamentals.
AT&T offers an ultra-high dividend yield at recent prices. The telecom giant slashed its dividend payout in 2022 to account for the spinoff of its media assets.
AT&T has had a phenomenal last 12 months, handily beating the S&P 500's performance on a total return basis. The company has worked diligently to reduce its debt burden, with more to come in the future. Despite a strong 12 months, the stock remains relatively inexpensive on a forward earnings basis.