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AT&T Inc

MEX:T (USA)   Ordinary Shares
MXN 278.00 (+1.83%) Apr 18
8.33
P/B:
1.13
Market Cap:
MXN 1.99T ($ 114.62B)
Enterprise V:
MXN 4.51T ($ 259.61B)
Volume:
32.00
Avg Vol (2M):
2.29K
Also Trade In:
Volume:
32.00
Avg Vol (2M):
2.29K

Business Description

Description
The wireless business contributes about two thirds of AT&T's revenue following the spinoff of Warner Media. The firm is the third-largest U.S. wireless carrier, connecting 71 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 17% 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. AT&T also has a sizable presence in Mexico, serving 22 million customers, but this business only accounts for 3% of revenue. The firm still holds a 70% equity stake in satellite television provider DirecTV but does not consolidate this business in its financial statements.