The Latest Breaking News from John Stankey

The telecom giant tells 60,000 managers to return to a sharply reduced number of offices, requiring many to relocate or quit.

The telecom giant AT&T (T) has been a Wall Street favorite due to its stable earnings and solid dividend payouts. With the company focusing on growing its core business, investors may consider buying the stock. Read more….

AT&T’s (T) shares have recently seen substantial trading volume. T’s divestments of WarnerMedia and DirecTV not only helped reduce debt but also helped the company focus on its core business. With the company expecting strong wireless revenue growth this year, it could be wise to buy the stock now. Read…

Benzinga

Satellite companies are rushing to connect our phones and eliminate dead zones.

Nearly four years after fighting a hard battle to acquire WarnerMedia and accelerating its foray into the media business, AT&T (NYSE: T) has gone back to its roots to focus on being a telecommunications company.

AT&T Inc (NYSE: T) CEO John Stankey saw inflation prompting him to raise prices for some core services while it continues to cut costs after getting out of the media business,