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Classified in: Science and technology, Business
Subjects: ERP, TDS

Pascal Desroches Updates Shareholders at the 2023 Bank of America Media, Communications & Entertainment Conference

DALLAS, Sept. 14, 2023 /CNW/ --

AT&T confident in full-year guidance, including free cash flow of better than $16 billion and adjusted EBITDA growth of 3+ percent

Key Takeaways:

Pascal Desroches, chief financial officer, AT&T* (NYSE:T) Inc., spoke today at the Bank of America Media, Communications & Entertainment Conference where he provided an update to shareholders. Desroches made the following key points:

The company's strategy, with a focus on leading in connectivity, is working.

AT&T's 2023 full-year and 3Q free cash flow are on target.

AT&T continues to grow durable relationships with high-quality 5G & fiber customers.

AT&T is investing in the future of America's connectivity.

The webcast of Desroches' conversation is available for replay at AT&T Investor Relations.

1 5G and fiber coverage as of June 30, 2023.
2 AT&T's per user traffic growth has been over 30%.

*About AT&T  

We help more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses, connect to greater possibility. From the first phone call 140+ years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit?us at about.att.com. Investors can learn more at investors.att.com.

Cautionary Language Concerning Forward-Looking Statements

Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.

This news release may contain certain non-GAAP financial measures. Reconciliations between the non-GAAP financial measures and the GAAP financial measures are available on the company's website at https://investors.att.com.

© 2023 AT&T Intellectual Property. All rights reserved. AT&T and the Globe logo are registered trademarks of AT&T Intellectual Property.

AT&T Inc. logo (PRNewsfoto/AT&T Communications)



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