AT&T INC.

AT&T Inc. is a leading provider of telecommunications and technology services globally. The company's business strategy focuses on 5G and fiber technology to deliver instant connectivity and higher speeds. AT&T's reportable segments include Communications and Latin America. The Communications segment provides wireless and wireline telecom and broadband services to consumers and businesses in the US and globally. The Latin America segment provides wireless services in Mexico. The company's website is www.att.com, and its ticker symbol is T. AT&T's Communications segment offers a range of wireless and wireline services, including voice and data communications, high-speed internet, and cloud solutions. The segment's Mobility business unit provides nationwide wireless services to consumers and wholesale and resale wireless subscribers in the US. The Business Wireline unit offers advanced IP-based services, such as Virtual Private Networks (VPN), AT&T Dedicated Internet, and Ethernet, to business customers. The Consumer Wireline unit provides broadband and legacy telephony voice communication services to customers in the US. The Latin America segment provides wireless services in Mexico to approximately 22 million subscribers under the AT&T and Unefon brands. The segment's revenue is divided into service and equipment categories. AT&T is subject to government regulation, including regulations related to intellectual property and licenses to provide wireline or wireless services. The company faces competition in its wireless and broadband businesses from traditional and non-traditional competitors. Research and development expenses totaled $954 million in 2023. As of January 31, 2024, AT&T employed approximately 149,900 persons. The company offers training and elective courses to enhance employees' skills and provides a variety of benefit programs to meet their needs. Approximately 42% of employees are represented by unions, and labor contracts are set to expire in 2024. AT&T is committed to diversity, equity, and inclusion and has employee groups that reflect its diverse workforce.