AT&T Inc logo

AT&T Inc

0
STU:SOBA (USA)   Ordinary Shares
€ 20.09 (-2.12%) Nov 4
17.82
P/B:
1.54
Market Cap:
€ 144.65B ($ 158.03B)
Enterprise V:
€ 276.86B ($ 302.47B)
Volume:
665.00
Avg Vol (2M):
947.00
Trade In:
Volume:
665.00
Avg Vol (2M):
947.00

Business Description

Description
The wireless business contributes nearly 70% of AT&T's revenue. The firm is the third-largest US wireless carrier, connecting 72 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 15% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 11% of revenue, primarily consist of broadband internet access, serving 14 million customers. AT&T also has a sizable presence in Mexico, with 23 million customers, but this business only accounts for 4% of revenue. The firm recently agreed to sell its 70% equity stake in satellite television provider DirecTV to its partner, private equity firm TPG.