AT&T Updates Shareholders at Citi Conference
AT&T CFO to Update Shareholders at Citi’s AppsEconomy Conference
Pascal Desroches, senior executive vice president and chief financial officer, AT&T Inc.* (NYSE:T), will provide an update to shareholders at Citi’s AppsEconomy Conference today at 10 a.m. ET. Ahead of his appearance, the company is providing select fourth-quarter subscriber results as it continues to deliver on its strategic objective to grow customer relationships across wireless, fiber and HBO Max:
- For the fourth quarter of 2021, AT&T delivered total postpaid net adds of 1.3 million, including approximately 880,000 postpaid phones.
- For the full-year 2021, postpaid phone net adds were 3.2 million, AT&T’s highest annual postpaid phone net adds in more than a decade as the company continues to benefit from strong network performance and its disciplined and consistent go-to-market strategy.
- AT&T added approximately 270,000 fiber subscribers for the quarter. Full-year 2021 fiber net adds totaled about 1.0 million, the fourth consecutive year in which the company has added 1 million or more fiber subscribers. AT&T ended the year with an additional 2.6 million fiber customer locations , compared to its prior expectation of about 2.5 million.
- AT&T ended the year with approximately 73.8 million total global HBO Max and HBO subscribers, ahead of management’s prior guidance that end-of-year subscribers would be at the high end of its 70 million to 73 million subscriber target.1
Desroches will discuss these results when he speaks today. The webcast will be available live and for replay at AT&T Investor Relations. Viewers should start the webcast a few minutes before the planned start time in case the conference schedule changes.
Note: Due to unexpected circumstances, John Stankey, chief executive officer of AT&T Inc., spoke on behalf at Pascal Desroches at the live event.
1 Global HBO Max and HBO subscribers consist of domestic and international HBO Max and HBO subscribers, and exclude free trials, basic and Cinemax subscribers. Domestic HBO Max and HBO subscribers consist of U.S. accounts with access to HBO Max (including wholesale subscribers that may not have signed in) and HBO accounts, and exclude free trials and Cinemax subscribers.
