AT&T Inc logo

AT&T Inc

48
5
NYSE:T (USA)   Ordinary Shares
$ 16.75 +0.17 (+1.03%) 10:08 PM EST
9.01
P/B:
1.16
Market Cap:
$ 120.10B
Enterprise V:
$ 265.41B
Volume:
36.07M
Avg Vol (2M):
37.96M
Also Trade In:
Volume:
36.07M
Avg Vol (2M):
37.96M

Business Description

Description
The wireless business contributes about two thirds 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 16% 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 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.