Assets
Aktivs
At the end of 2010, it served 95.5 million cellular users.
Performance indicators
2021: AT&T ceased to be unprofitable
AT&T completed 2021 with revenue of $168.864 billion, in 2020 the figure was $171.760 billion. At the same time, the company ceased to be unprofitable, the profit for the year amounted to $21.449 billion.
Of the annual revenue, services accounted for $146.391 billion, and equipment - $22.473 billion, in 2020 these indicators amounted to $152.767 billion and $18.993 billion, respectively.
 | A year and a half ago, we began simplifying our business to reposition AT&T for growth, and we are very pleased with how we have fulfilled this commitment, "said AT&T CEO John Stankey. - We ended 2021 the same way we started it - strengthening our customer relationship, managing our operations more efficiently and productively. Our momentum is high and we are confident that we have more room to further expand our customer base and reduce business costs. |  |
In 2021, AT&T received organic subscriber growth. In the direction of mobile communications, an increase of 1.285 million new postpaid subscribers was recorded, the number of new postpaid telephone subscribers reached 884 thousand. The company included the addition of 24 thousand prepaid phones.
In 2021, the outflow of postpaid subscribers increased to 1.02%, while in 2020 the figure was 0.94%. The outflow of prepaid subscribers increased to 0.85%, in 2020 the indicator was equal to 0.76%. The fiber segment recorded an increase of 271 thousand users due to the development of optical networks, of which 6 million by the end of 2021.
13 million subscribers joined the NVO and HBO Max services in 2021, in total there are 73.8 million in the database. In the United States, the number of subscribers increased by 5.3 million, to 46.8 million. ARPU HBO in the domestic market amounted to $11.15.
| | We are focused on becoming the best communications provider in America, as well as enabling the growth of our media assets and truly becoming the world leader in media distribution. Once we do, we will unlock the true value of these businesses and provide a great opportunity for shareholders, "Stankey added.[1] | |
2019: Among the top 20 most profitable companies in the world
History
2024
AT&T paid hackers $370,000 to delete stolen data from all customers
In mid-July 2024, it became known that the American telecommunications company AT&T paid hackers over $300,000 to delete stolen meta-data of calls and customer messages. As evidence of the operation, the hackers provided the company with a special video.
It is known that the hacker group ShinyHunters stole data from AT&T and a number of other companies through unprotected cloud storage accounts. Snowflake Hackers provided AT&T with the address of a cryptocurrency wallet, and using an online blockchain transfer tracking tool, it was possible to confirm that a payment transaction worth 5.72 bitcoins (equivalent to $373,646 USA at the time of the transaction) was carried out on May 17, 2024. Then several cryptocurrency exchanges and wallets passed the money, but it was not possible to find out who exactly controlled the wallets.
A security researcher with the nickname Reddington, who chose to remain anonymous, also confirmed the payment. Hackers hired him as an intermediary in negotiations with AT&T, and Reddington received a fee from AT&T for his work in this capacity. Reddington provided proof of payment for the payment, reporting that hackers initially demanded $1 million from AT&T for deleting the data, but ultimately agreed to a third of that amount.
The hackers were initially able to hack into Ticketmaster's Snowflake account, allowing AT&T and a number of other companies to be targeted, according to the data analysis. AT&T's stolen data included call and text message meta data, but did not display call or message content or phone owner names. Nevertheless, the information received was enough for hackers to identify the owners of the numbers.[2]
Hackers gain access to call and SMS data of almost all AT&T subscribers
On July 12, 2024, the American telecommunications company AT&T reported a hack of its IT infrastructure. Cybercriminals gained access to data on calls and SMS of "almost all subscribers" of the operator.
The stolen data are logs of phone calls and text messages between May 1 and October 31, 2022 and January 2, 2023. The attackers had at their disposal the phone numbers of tens of millions of people. It is emphasized that the stolen magazines did not contain such information as social security numbers, dates of birth or other personal information. The very content of conversations and correspondence was also not compromised. AT&T said in a statement that the hackers "gained illegal access and copied the call logs" of the company, which were stored on a third-party cloud platform.
| | While the stolen data does not include subscriber names, there are ways to find out with publicly available online tools, AT&T said in filings with the U.S. Securities and Exchange Commission (SEC). | |
The hack affected AT&T mobile subscribers, as well as customers in the virtual network segment using the operator's wireless infrastructure. According to the company's 2023 report, 127 million devices are connected to AT&T's wireless network. John Scott-Railton, a senior fellow at the University of Toronto's Civic Laboratory, which specializes in communication technology and security, called the leak a "mega-breach." Data stolen on this scale could potentially be a major threat to national security, he said. AT&T said additional collateral was implemented in response to the incident. cyber security[3]
How T-Mobile, Verizon and AT&T duped Americans with unlimited tariffs and supposedly free phones
In mid-May 2024, it became known that operators deceived T-Mobile Verizon AT&T Americans with unlimited tariffs, and also lured customers with allegedly free phones. These companies were fined $10.2 million for misleading advertising. More. here
Data breach of 73 million customers
On March 30, 2024, US mobile operator AT&T announced a cyber incident that affects the company's information infrastructure. As a result of the incident, the data of approximately 73 million subscribers were on the darknet.
AT&T said in a statement that the leak affects approximately 7.6 million of the company's current and 65.4 million former subscribers. The attackers had at their disposal such information as names, home addresses, phone numbers, dates of birth and customer social security numbers. The results of the preliminary audit indicate that this information is relevant for at least 2019.
AT&T said there was no evidence of unauthorized access to the company's systems as of the end of March 2024. Thus, the operator cannot name the source of the leak: it can be an internal network or systems of dealers and partners. In any case, it is alleged that the cyber incident did not have a significant impact on the company's activities. At the same time, after the leak, the operator had to reset the passwords of millions of customer accounts.
AT&T is the third largest mobile operator in the United States, behind Verizon Communications Inc. and T-Mobile US Inc. In February 2024, the company had a large-scale failure, due to which there were a huge number of subscribers without communication. In connection with the leakage of customer data, the company initiated an investigation.
| | AT&T has launched a thorough investigation with the support of internal and external cybersecurity experts. According to our preliminary analysis, the dataset dates back to 2019 or earlier, the operator said in a statement. | |
AT&T emphasizes that it will contact all 7.6 million existing customers whose passwords have been reset, as well as current and former subscribers whose personal information has been compromised.[4]
IT collapse, millions of subscribers without communication
On February 22, 2024, AT&T, one of the largest telecom operators in the United States, experienced a large-scale failure. Due to the IT collapse, millions of subscribers were left without mobile communications, and the operator himself would suffer large losses. AT&T says the incident is not related to cyber warfare, but is the result of some kind of technical problem.
The glitch reportedly prevented AT&T customers from making calls over the cellular network, sending text messages and going online. In some regions, residents were unable to contact the 911 rescue service and other departments. New York Police Department officials told CNN that the IT collapse prevented them from making calls and using email. The US Federal Communications Commission said it had initiated an investigation into the accident. The operator himself admits that a massive failure occurred in its infrastructure, but the specific reasons are not specified.
AT&T
| | Some of our customers have experienced mobile disruption. We are urgently engaged in the restoration of service. We recommend using Wi-Fi calls until the services resume working, the AT&T notification says. | |
The company promised to provide affected customers with $5 in compensation for the inconvenience caused. Some subscribers called the move "corporate greed," stressing that they pay an average of $200 a month for service. Other users said that this amount of compensation was "offensive" and announced their intention to change the operator. According to some estimates, AT&T's total payments due to the failure could reach approximately $140 million, which will amount to approximately 2% of the company's quarterly mobile revenue.[5]
2022: Payment of a $23 million fine for bribing a politician
On October 14, 2022, the prosecutor's office in Chicago (Illinois, USA) announced that the American multinational telecommunications giant AT&T agreed to pay a fine of $23 million to settle a federal investigation related to attempts to bribe a politician.
We are talking about the collusion of the leadership of AT&T with the Speaker of the Illinois House of Representatives Michael Madigan, who was one of the most influential political figures in the state. The telecommunications conglomerate admits that it has agreed to pay Madigan's partner in exchange for help in promoting company-friendly legislation. In addition, AT&T agreed to cooperate with authorities as part of any other related investigations.
The US Attorney's Office reports that Michael Madigan, who, according to the investigation, participated in a bribery scheme worth almost $3 million, was accused by a federal grand jury of conspiring with AT & T. The charges were also brought against the former president of AT&T, Paul La Schiazza.
In March 2022, charges were filed against Mr. Madigan in an alleged racketeering-related bribery scheme involving Commonwealth Edison (ComEd), the largest electric utility in Illinois. Michael Madigan used his role as speaker and various other leadership positions for illegal activities, according to prosecutors. In 2020, ComEd agreed to pay $200 million and cooperate with investigators in a multi-year bribery scheme case.
The charges against Mr. Madigan in the AT&T case are similar. It is alleged that he and his close friend Michael F. McClain, the former executive director of ComEd, conspired with the then president of AT&T to arrange illegal payments. AT&T has already admitted that in 2017 it organized for Mr. Madigan's assistants to receive payments through a lobbying firm.[6]
2021
Selling a marketplace selling Xandr ads
On December 21, 2021, Microsoft announced the acquisition of Xandr, but did not disclose the cost and other terms of the transaction. The seller of the platform was AT & T. Read more here.
Sale of anime manufacturer Crunchyroll to Sony for $1.175 billion
In early August 2021, Sony officially owned AT&T's Crunchyroll. The company plans to use the Crunchyroll service to expand its already significant presence in the anime streaming market. Read more here.
TV business sale for $7.6 billion
In early August 2021, AT&T and private equity firm TPG Capital completed a deal to spin off the TV business from AT&T, creating a new company called DirecTV, which will own and operate the video services of DirecTV, AT&T TV and U-verse. The company will also merge its streaming services under a single DirecTV Stream brand. Read more here.
2020: AT&T cuts 38,000 jobs in a year and raises CEO's salary
In mid-March 2020, it became known that AT&T cut 38 thousand jobs over the year and raised the CEO's salary by 10%. AT&T CEO Randall Stephenson's total earnings in 2019 amounted to more than $32 million. The salaries of other AT&T top executives also rose in 2019, but in doing so, Stevenson will lay off large numbers of staff and streamline the cost of upgrading AT&T's network.
Stevenson's base salary was $1.8 million dollars all three years of work, but his remuneration in the form of shares increased from $17.07 million to $19.80 million from 2018 to 2019 due to an increase in the value of the company's shares. The remaining components of the remuneration did not change.
At the same time, however, AT&T cut 7.6% of its workforce: AT&T had 247,800 employees at the end of 2019, up from 268,220 in 2018. AT&T also reduced capital expenditures by more than $1.6 billion in 2019 and predicts a reduction in capital investment by more than $3 billion in 2020. The cuts in jobs and network spending came despite assurances from AT&T that cutting corporate tax and scrapping net neutrality rules should lead to increased investment in broadband.
AT&T said it plans to cut costs further in the next three years, including by cutting jobs, which is not enthusiastic for the company's employees.
| | It's like we got a slap in the face - you are wonderful workers, they told us, but we are forced to part with you. You did a great job last year, so we decided to take this money and not put it back into the workforce as we once promised, "said Paul Lorenzano, who has worked at the company for more than four years and received notice of the reduction along with dozens of other AT&T specialists[7] | |
2019: Employees cash in by installing hacker routers and viruses on the network
In early August 2019, employees AT&T were charged with fraud - they installed malicious ON and unauthorized equipment on the company's network for a bribe.
As a result of the audit, the US Department of Justice opened a case against Muhammad Fahd and his now deceased accomplice. They paid bribes to several AT&T employees: first to unlock expensive iPhones so that they could be used outside the AT&T network, then to install malware on the operator's network. Between April and October 2013, this program collected data on how the AT&T infrastructure works.
Based on the information received by the first virus, the attackers created the second. This program used the credentials of AT&T employees to perform automatic actions on the company's internal application and unblocked phones at the direction of hackers, without the need to interact with AT&T employees each time.
In November 2014, when hackers began having trouble managing the virus, they bribed AT&T employees to install unauthorized wireless hotspots at AT&T's call center. These devices helped attackers gain access to AT&T's internal applications and network. The fraudulent scheme ran smoothly from at least April 2012 to September 2017.
The hackers successfully unlocked more than two million devices, most of which were expensive iPhones, and paid their accomplices about $1 million. In 2015, AT&T sued three employees for installing malware on the company's network after detecting abnormal activity.
The Justice Department soon intervened and began a formal investigation. A hacker extradited from Hong Kong faces up to 20 years in prison.[8]
2018
5G network launch
On December 18, 2018, AT&T announced the commercial launch of the fifth generation (5G) network. The technology will first be available to subscribers in 12 major cities: Atlanta, Charlotte, Dallas, Houston, Indianapolis, Jacksonville, Louisville, Oklahoma City, New Orleans, Raleigh, San Antonio and Waco.
AT&T became the first American mobile operator to launch a 5G network for mass use. However, due to the lack smartphones and tablets supporting this technology, users who want to connect to the service will have to purchase Netgear the Nighthawk 5G Mobile Hotspot from AT&T for $500. The first 5G-compatible phones should hit the market in 2019: the corresponding plans were previously announced in and. Samsung Huawei
Netgear Nighthawk 5G Mobile Hotspot enables the connection of various devices via Wi-Fi to the 5G broadband channel. The device received a built-in battery and a flagship mobile processor Qualcomm Snapdragon 855 with an integrated Snapdragon X50 modem.
For 5G Internet, AT&T has offered a tariff plan that includes 15 GB of traffic for $70. This is not cheap, given that for this money in the United States you can buy completely unlimited tariffs for an LTE network.
In addition, as a spokesman for AT&T told The Verge, the launched fifth-generation network in theory allows data to be transmitted at speeds up to 1.2 Gbps, however, "the actual speeds will be lower.
AT&T's 5G network will be publicly included on December 21, 2018. At the beginning of 2019, it is scheduled to launch in Las Vegas, Los Angeles, Nashville, Orlando, San Diego, San Francisco and San Jose.[9]
Other US operators are also preparing for a massive rollout of 5G networks. Thus, T-Mobile promised the availability of technology in 30 cities by the end of 2018, and Verizon plans to offer a 5G-enabled access point in early 2019.
Cryptocurrency investor lost $24 million via smartphone and blamed AT&T
On August 15, 2018, a California cryptocurrency investor filed a lawsuit against AT&T and is demanding $224 million from it. The entrepreneur accused the telecom operator of negligence, due to which he allegedly lost about $24 million. Read more here.
AppNexus purchase for $1.6-2 billion
On June 25, 2018 AT&T , it announced the purchase of an advertising exchange AppNexus to expand its television advertising strategy. The value of the transaction is not officially announced. According to the newspaper, TechCrunch we are talking about the amount in the region of 1.6-2 billion. dollars More. here
Huawei deal disruption
American mobile operator AT&T at the last moment canceled in January 2018 an agreement with Huawei to sell smartphones from the Chinese manufacturer through its networks in the United States. The reason for AT&T's refusal from the deal was a bill imposing a ban on the use by government agencies and departments of equipment and services of the Chinese companies Huawei and ZTE. Read more here.
2013: Net profit growth 2.5 times to $18.25 billion
Net income attributable to shareholders of cellular operator AT&T Inc. grew 2.5-fold in 2013 from 2012 to approximately $18.25 billion. In terms of one common share, earnings were $3.39 versus $1.25 in 2012. Total revenue for the year rose 1% to $128.75 billion.
2011
Capitalization - $167.8 billion
Capitalization as of March 2011 - $167.8 billion.
Final Purchase Agreement for T-Mobile USA
In March 2011, AT&T announced the signing of a final agreement to purchase the operator T-Mobile USA, owned by the German concern Deutsche Telekom. The amount of the transaction, which has already received the approval of the boards of directors of both parties, will be $25 billion in cash and $14 billion in shares of[10].
A subsidiary of T-Mobile USA was acquired by Deutsche Telekom in 2001 for $35 billion (then called VoiceStream Wireless) in the expectation that over time Deutsche Telekom will be able to take a fairly strong position in the mobile market. Years later dollars , however, with billions in investment, the company still remained in the shadow of the market's larger players. According to unofficial information, in 2010 Deutsche Telekom also negotiated the merger of T-Mobile USA with Sprint Nextel.
The acquisition of T-Mobile USA, the operator's fourth-largest subscriber base, will allow AT&T to expand its footprint. With the help of the T-Mobile infrastructure, the company intends to offer fourth-generation LTE communication technology to 95% of the US population, connecting 46.5 million subscribers to it over the original plan.
AT&T will drop the T-Mobile USA brand and provide existing subscribers to that operator with services under its own trademark. The T-Mobile brand will continue to be used in Europe. In addition, several thousand jobs may be reduced as part of the deal. At the time of the transaction, AT&T's staff includes 267 thousand people, T-Mobile USA - about 38 thousand. Deutsche Telekom representatives will sit on AT&T's board.
Through the acquisition, AT&T also plans to improve the quality of communication, the bandwidth of its networks, which has previously been repeatedly criticized, in particular by iPhone users. According to some information, once the operator even had to limit sales of the device in San Francisco and New York in order to somehow limit the influx of mobile broadband access subscribers.
As a result of the transaction, AT&T's subscriber base will grow to about 130 million subscribers, making the company the largest mobile operator for this parameter in the country. By comparison, Verizon Wireless served about 94 million subscribers at the time of the deal. Compared to Sprint Nextel (third place), AT&T's subscriber base will be about double that. This has already caused concern in Sprint, whose representatives said that after the takeover, there will actually be two companies to control the market (by almost 80%).
The deal, which is scheduled to close within 12 months, must be approved by all necessary regulators, including the U.S. Communications Commission. In May 2010, its representatives already expressed concern about excessive consolidation in the telecommunications market.
2010: Revenue - $124.3 billion
Revenue - $124.3 billion, net profit - $20.18 billion.
2008: Turnover - $284,528 billion
Turnover - $284,528 billion, operating profit - $18.16 billion, net profit - $10.46 billion. The number of employees is 303,530.
2006
In 2006, AT&T absorbed BellSouth. The acquisition cost AT&T $83 billion.
2003: Top 20 internet giants by size of internet audience
1876-2002
1876: Invention of the telephone by Alexander Beliy
1877: Bell Telephone Company Founded
1878: In New Haven (pcs. Connecticut) the first telephone node is open; within three years, similar nodes appeared in all the largest cities in the United States, giving rise to Bell System
1885: Third March founded American Telephone and Telegraph Company (AT&T)[10]
1892: Intercity telephone line opened between New York and Chicago
1899: As a result of the restructuring, AT&T acquires the assets of the parent company, American Bell Telephone Company, and becomes the owner of Bell System
1913: Settled litigation with federalnymi authorities; AT&T gains "officially sanctioned monopoly" status
1915: The first transcontinental telephone line opened in the United States; three minutes of conversation between New York and San Francisco cost $20.70.
1925: Bell Telephone Laboratories founded
1927: Transatlantic telephone radio service commissioned; the cost of three minutes of conversation is $75.
1934: Trans-Pacific Telephone Radio Service opened; three minutes of conversation between America and Japan cost $39.
1937: Clinton Davisson first of AT&T staff to win Nobel Prize
1947: Invention of the transistor by Bill Shockley, John Bardin and Walter Brattain of AT&T Bell Telephone Laboratories
1956: Another proceeding between AT&T and federal authorities is completed; AT&T retains national telephone operator status
1956: The TAT-1, the first transatlantic cable telephone channel, was put into operation
1958: AT&T unveils first ever commercial modem
1962: Telstar I communication satellite launched, with the help of which the first ever live television broadcast across the Atlantic was carried out
1964: A TPC-1 underwater telephone cable was laid, connecting Japan and the Hawaiian Islands by wire
1965: AT&T has electronic telephone switch installed for the first time in the world
1968:911 service commissioned
1971: Bell Telephone Laboratories developed Unix OS
1974: U.S. Justice Department initiates another antitrust trial against AT&T
1977: In Chicago, AT&T is the first communications company to begin using fiber optic cable in commercial communications systems
1982: As part of the lawsuit settlement, AT&T agrees to the Bell System section
1983: The first U.S. commercial cellular network opened in Chicago
1984: On January 1, Bell System ceases to exist
1984: 6.4% reduction in long distance and international call prices AT&T launches six-year campaign to reduce fares on its services
1988: Commissioned TAT-8, the first translantic underwater fiber optic communication channel
1991: AT&T acquires NCR
1993: AT&T acquires McCaw Cellular Communications; one of the results of this deal will later be the formation of the AT&T Wireless division
1995: Separation from AT&T of NCR and the firm subsequently named Lucent Technologies announced
1999: AT&T acquires TCI to be renamed AT&T Broadband
2001: Under another restructuring plan announced in 2000, AT&T Wireless's division becomes an independent company
2002: AT&T Broadband assets go to Comcast Corporations
Notes
- ↑ AT&T Reports Fourth-Quarter and Full-Year Results
- ↑ AT&T Paid a Hacker $370,000 to Delete Stolen Phone Records
- ↑ AT&T says hackers stole records of nearly all cellular customers' calls and texts
- ↑ AT&T Says Data From 73 Million Accounts Leaked on Dark Web
- ↑ AT&T may have to shell out millions after its network failed last week—but customers are pissed they’re only getting $5
- ↑ AT&T Illinois to pay $23 million to settle corruption probe related to bribing former politician
- ↑ [1]AT&T CEO pay rose to $32 million in 2019 while he cut 20,000 jobs
- ↑ AT&T employees took bribes to plant malware on the company's network
- ↑ AT&T First to Make Mobile 5G Service Live in the U.S. on Dec. 21
- ↑ 10,0 10,1 AT&T is bought by T-Mobile USA for $39 billion
Stock price dynamics
| Ticker company on the exchange: | NYSE:T |
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