AT&T’s (T) ‘Terrific’ 1Q, Shareholder Return Plans

Brett Feldman, head of Investor Relations at A&T (T), walks through their “terrific” 1Q earnings report. They grew 5G and fiber customers, emphasizing that increasingly, customers buy the services together. “We reiterated all of our financial targets this year,” he adds, and “we no longer have to use our cash flow to pay back debt” after 5 years of strategic payments. Now, he says, AT&T can buy back stock and return cash to shareholders. He also talks about their new ad push helping them add “the right type of customers.”

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