AT&T Company Profile
Ticker Symbol: NYSE: T
AT&T is a Fortune 500 company.
Leadership: Randall L. Stephenson, chairman and chief executive officer
2016 Reported Consolidated Revenue: $163.8 Billion
At AT&T, we’re bringing it all together. We deliver advanced mobile services, next-generation TV, high-speed internet and smart solutions for people and businesses. That’s why we’re investing to be a global leader in the Telecommunications, Media and Technology industry.
Fast, highly secure and mobile connectivity – to everything on the internet, everywhere, at every moment and on every device – is what drives us. It’s reflected in our mission:
Connect people with their world, everywhere they live, work and play…and do it better than anyone else.
So our customers can stay connected from nearly anywhere. It doesn’t matter if they’re driving home from work or traveling across the country or beyond.
Customers want to enjoy their favorite movies, TV shows, music and sports on any screen. We’re the largest provider of pay TV in the United States. So, we’re setting the standard for delivering video when, where and how customers want it.
In the United States, we offer TV and wireless nationwide, plus a large high-speed internet footprint. We offer a wide choice of internet speeds to meet customers’ needs. With our 100% fiber network, customers in 52 markets can download a 90-minute HD movie in less than 36 seconds, a 30-minute TV episode in 3 seconds and 25 songs in 1 second. We plan to expand these speeds to at least 23 more metro areas, at least 75 metros in total. We also offer pay TV in 11 Latin American countries.
We offer solutions that help businesses in every industry serve their customers better. We deliver advanced services to nearly 3.5 million businesses on 6 continents. That includes nearly all of the Fortune 1000 as well as neighborhood businesses across the United States.
Our high-speed mobile internet network covers more than 400 million people and businesses across the U.S. and Mexico. We also wirelessly connect cars, machines, shipping containers and more. It's all part of our leadership in what’s called the Internet of Things.
And we never stop innovating. The brightest minds in the business are in our AT&T Labs and Foundry centers developing new technologies, apps, products and services.
We envision a world where everything and everyone work together. We envision a world that works for you.
In 1876, Alexander Graham Bell invented the telephone. That was the foundation of the company that would become AT&T – a brand that is now synonymous with innovation in communications.
In 1984, the former AT&T agreed to divest its local telephone operations but retain its long distance, R&D and manufacturing arms. From this, SBC Communications Inc. (first known as Southwestern Bell Corp.) was born.
Twelve years later, the Telecommunications Act of 1996 drove major changes in the competitive landscape. SBC expanded its U.S. presence through a series of acquisitions, including Pacific Telesis Group (1997) and Ameritech Corp. (1999). In 2005, SBC acquired AT&T Corp., creating the new AT&T, a leader in global communications for businesses.
The acquisition of BellSouth in 2006 consolidated ownership of Cingular Wireless. And AT&T led one of its most significant transformations in communications since the invention of the telephone…the birth of the mobile internet.
And we haven’t stopped. In 2013, we bought Cricket to give customers in the growing prepaid market more access to mobile internet services. In 2015, we completed our purchase of 2 Mexican wireless companies, Iusacell and Nextel Mexico.
Today, we’re spurring smartphone adoption and on our way to becoming a leading wireless provider in that country, too. And our 2015 acquisition of DIRECTV made us one of the world’s largest pay-TV providers.
This rich history supports our ongoing mission: Connect people with their world, everywhere they live, work and play…and do it better than anyone else.
Today, we’re mobilizing video the way we mobilized the internet…securing business communications from the smartphone to the cloud…and making cars, homes, machines, even cities smarter. And we’re looking forward with anticipation to the future.
With our pending purchase of Time Warner Inc., we’re positioning ourselves to become the best premium content creator and distributor. By combining distribution with scaled content creation, we will be able to drive a level of competition, innovation and choice that customers have never seen before.
Investing in Our Country
We’re committed to the development, growth and improvement of our country. We’re investing billions into the economy, providing quality jobs to over 200,000 people in the U.S. alone. We’re supporting the veterans who make our country stronger and providing disaster relief support to those who need it the most. We’ve invested more in the future of our country than any other public company.
- We’ve invested nearly $135 billion in the U.S. economy in the past 5 years, more than any other public company.*
- In 2016 alone, we invested over $20 billion in the United States.
Employment & Training:
- We currently employ more than 200,000 employees in the U.S. alone, across all 50 states, connecting American consumers and businesses through mobile, internet and entertainment.
- We have more full-time union workers than any other company in the U.S.
- In 2016 we invested about $250 million in training employees, and provided nearly $34 million in tuition assistance for our employees.
Disaster Relief & Public Safety:
- Since 1992, AT&T has invested more than $600 million in our Network Disaster Recovery program, and devoted more than 130,000 working hours to network recovery drills.
- We pledged to hire 10,000 veterans in 5 years. We did it in 3. Now we’re committed to hiring an additional 10,000 veterans before 2020.
- We’ve been recognized as a top veteran employer by DiversityInc, Military Times, U.S. Veterans magazine and more.
*Over the past five years (2012-2016), AT&T’s total investment in the United States, including capital investment and acquisitions of spectrum and wireless operations, was nearly $135 billion — more than any other public company.
We're also improving lives by supporting our local communities. We want to raise high school graduation rates, and we’re preparing students for college and careers through our signature education initiative, AT&T Aspire. To date, we’ve committed $400 million to the program. And our It Can Wait campaign has inspired 17 million people to pledge that they will never text and drive.
Our history of innovation is a story about people from all walks of life and all kinds of backgrounds coming together to improve the human condition. Today, we’re a leader in diversity. Our diversity – coupled with an inclusive culture – makes us who we are. We are a great place to work, a desired business partner and a committed member of the communities we serve.
Business Solutions & International
Business is changing every day. Companies need the agility to effectively compete and win in their industries. Our solutions help companies adapt to change in near real time and meet the evolving needs of tomorrow.
Nearly 3.5 million businesses from the largest multinational corporations to small businesses turn to AT&T. We work with companies in all major industries, including financial services, manufacturing, education, healthcare, retail, hospitality and government.
We serve nearly all of the Fortune 1000. We also serve more than 60 percent of the FTSE 100 companies, more than 90 percent of the CAC 40 companies, more than 85 percent of the DAX 30 companies and more than 60 percent of the Nikkei 225 companies.
We’ve launched some of the industry’s most innovative products and platforms through our highly secure business solutions — including security and mobility services, Internet of Things, Ethernet, VPN, cloud, AT&T NetBond® and AT&T FlexWare.
We’re also a leader in first responder connectivity. We’ve been enabling and innovating public safety communications for nearly 140 years. And we will continue this commitment as we work with FirstNet to build America’s first-ever nationwide public safety broadband network.
In Mexico, we provide solutions to local and international business customers across the country. Our 4G LTE network covers approximately 85 million people, and we plan to reach 100 million people by the end of 2018.
AT&T Entertainment Group
We're the largest provider of pay TV in the United States and one of the largest in the world. In the United States, we combine our broad video footprint with our nationwide mobility service and high-speed internet available to more than 60 million locations. So we’re able to deliver solutions that are more integrated than ever.
We offer viewers access to their favorite content — whether it’s primetime, daytime or game time — virtually wherever and whenever they want it.
And our 100% fiber network delivers ultra-fast internet speeds to homes and small businesses. Our customers get blazing fast speeds. They can download 25 songs in 1 second, a 30-minute TV episode in 3 seconds or a 90-minute HD movie in less than 36 seconds.