AT&T Inc. is a multinational telecommunications company, headquartered in Dallas, Texas, USA.
It is the largest provider of fixed telephony in the US and the 20th largest mobile telecom operator in the world, in addition to being a leader in providing IP-based communications services to businesses.
According to the AT&T 2014 Form 10-K, approximately 300 million people are covered by AT&T 4G LTE.
The company’s history traces back to the American Telephone and Telegraph Company (AT&T), which was established in 1885 as a subsidiary of the Bell Telephone Company, founded by Alexander Graham Bell – inventor of the telephone.
AT&T has America’s largest Wi-Fi network, with over 57,000 AT&T Wi-Fi Hot Spots at hotels, shops and restaurants.
It also offers voice coverage in more than 225 countries, data coverage in more than 210 countries and 3G network services in over 175 countries.
On average, the AT&T global backbone carries 51.9 petabytes of data traffic every day.
The company is publicly listed on the New York Stock Exchange under the stock ticker symbol ‘T’.
Overview
- Chairman, President and CEO: Randall Stephenson
- Industry: Communications/Internet Services
- Type: Public
- Listed on the New York Stock Exchange (NYSE)
- S&P 500 Component
- NYSE stock symbol: T
- Founded: October 5, 1983
- Revenue: $132.447 billion USD (2014)
- Net income: $6,518 million USD (2014)
- Diluted earnings per share: $1.19 USD (2014)
- Company head office: 207 S. Akart St., Dallas, Texas, 75202, USA
- Employees: 253,000 (2014)
- Website: http://www.att.com/
- Investor relations contact number: (210) 351-3327
- Subsidiaries: AT&T Corp., Aio Wireless, BellSouth, Southwestern Bell, AT&T Teleholdings, AT&T Mobility
AT&T Inc. Financial Results, Years Ended December 31
| Operating data (in $ millions) | 2014 | 2013 |
| Operating revenues | $132,447 | $128,752 |
| Total operating expenses | $120,701 | $98,273 |
| Operating income | $11,746 | $30,479 |
| Net income | $6,518 | $18,553 |
| Net income attributable to AT&T | $6,224 | $18,249 |
| Total comprehensive income attributable to AT&T | $6,404 | $20,893 |
| Balance sheet data (in $ millions) | ||
| Total assets | $292,829 | $277,787 |
| Long-term debt | $76,011 | $69,290 |
| Total stockholders’ equity | $86,924 | $91,482 |
| Common share data (in $) | ||
| Basic earnings per share | $1.19 | $3.39 |
| Diluted earnings per share | $1.19 | $3.39 |
| Cash flow data (in $ millions) | ||
| Cash provided by operating activities | $31,338 | $34,796 |
| Cash used in investing activities | $(18,337) | $(23,124) |
| Cash used in financing activities | $(7,737) | $(13,201) |
| Cash and cash equivalents at beginning of year | $3,339 | $4,868 |
| Cash and cash equivalents at end of year | $8,603 | $3,339 |
Source: “AT&T Form 10-K 2014”