AT&T Inc. (T) has reaffirmed its financial outlook for fiscal year 2025, projecting a minimum 3% increase in adjusted EBITDA. The telecommunications giant also anticipates generating at least $16 billion in free cash flow by the end of the fiscal year.
The company is committed to investing approximately $22 billion in capital expenditures for the same period. This consistent investment strategy underscores AT&T's focus on enhancing its infrastructure and expanding its service capabilities.
Furthermore, AT&T remains on track to finalize the sale of its entire 70% ownership in DIRECTV to TPG by mid-2025. This strategic divestment is part of AT&T's ongoing efforts to streamline its business operations and concentrate on core telecommunications services.
