Showing posts with label AT&T. Show all posts
Showing posts with label AT&T. Show all posts

Monday, September 21, 2020

AT&T delivers SD-WAN with Cisco

AT&T is delivering a global SD-WAN for UDG Healthcare plc and its operating companies around the world using Cisco Viptela SD-WAN architecture.

The managed solution will allow UDG Healthcare’s teams to react more quickly to business demands in their supply chain and provide a better end user experience wherever they are working.

UDG Healthcare delivers advisory, communication, commercial, clinical and packaging services to the healthcare industry across two main divisions, Ashfield and Sharp. The group has 8,200 employees.

“UDG Healthcare saw an opportunity to deliver a more seamless experience across its network, covering its employee end users and the customers it serves around the world,” said John Vladimir Slamecka, EMEA region president, AT&T.


Monday, September 14, 2020

AT&T and NTT DOCOMO enter 5G roaming pact

AT&T announced a 5G international roaming agreement with NTT DOCOMO.

“As a longtime industry leader providing global connectivity, we’re evolving the breadth and depth of our global coverage with 5G,” said Susan A. Johnson, executive vice president – Global Connections & Supply Chain, AT&T. “This marks a significant milestone for AT&T and our customers.”

“We’re excited to launch 5G roaming in Japan on NTT DOCOMO, Inc.’s network because of what it means for our customers,” said JR Wilson, vice president – Tower Strategy & Roaming, AT&T. “Our teams never stop innovating, developing and deploying the latest technology to provide our customers with access to a next-generation network – at home and abroad.”

Tuesday, September 8, 2020

Facebook and AT&T join North Carolina's Wireless Testbed

AT&T, CommScope, Facebook, Keysight, and NI are the first contributing equipment partners supporting the Platforms for Advanced Wireless Research (PAWR) program, which is funded by the National Science Foundation (NSF) and a consortium of 35 leading wireless companies and associations.

AERPAW, which stands for Aerial Experimentation and Research Platform for Advanced Wireless, was named as the third PAWR testbed in 2019 and is designed with a focus on wireless communications for unmanned aerial systems (UAS) and ground mobility. The AERPAW team is now in the first phase of testbed deployment and expects to make the platform available for early research at the beginning of 2021.

PAWR partners have so far contributed the following to the AERPAW platform:

  • AT&T: Data backhaul support
  • CommScope: Wireless antennas and fixed node enclosures
  • Facebook Connectivity: Terragraph nodes supporting millimeter wave communications
  • Keysight: Network test equipment including a channel emulator and RF sensors
  • NI: Software defined radios for experimentation and spectrum compliance monitoring


“We appreciate the partnership of so many industry leaders in our Consortium and recognize that the technology they contribute to the PAWR program represents the state of the art in wireless networking,” said Joe Kochan, Principal Investigator and Project Director for the PAWR Project Office. “For the AERPAW testbed, these contributions will make it possible for advanced research into novel drone-based communications and will drive innovation in wireless deployments through 5G and beyond.”

http://www.advancedwireless.org


Thursday, July 23, 2020

AT&T announces nationwide coverage for 5G

AT&T announced nationwide coverage status for its 5G network, which now covers a population footprint of 179 million people.

AT&T has enabled dynamic spectrum sharing (DSS) technology in numerous markets.  DSS allows carriers to share the same channel between both 4G and 5G users simultaneously, based on demand.

"Our strategy of deploying 5G in both sub-6  (5G) and mmWave (5G+) spectrum bands will provide the best mix of speeds, latency and coverage that are needed to enable revolutionary new capabilities to fuel 5G experiences for consumers and businesses,” said Chris Sambar, EVP of Technology Operations. “Our competitors are still working to provide that same mix, which for them could take months or even years. What we offer is available to consumers and businesses today, and we’re not slowing down. As we have throughout our 144-year history, we’ll continue to innovate and invest in our network to expand our 5G coverage to more consumers and businesses across the country.”

AT&T: COVID-19 impacted revenues

Citing the impact of COVID-19 across all its business segments, AT&T reported Q2 revenues of $41.0 billion versus $45.0 billion in the year-ago quarter.

The COVID-19 impact included 338,000 mobile accounts which ceased paying their monthly bill and for which the company continues to provide service under the Keep America Connected programs but which are now considered "disconnects" for accounting. AT&T also saw lower content and advertising revenues at WarnerMedia, drops in domestic video and legacy wireline services, and currency exchange pressure in Latin America.

“Our solid execution and focus in a challenging environment delivered significant progress in the quarter, most notably the successful launch of HBO Max, resilient free cash flow and a strengthened balance sheet,” said John Stankey, AT&T chief executive officer. “Our resilient cash from operations continues to support investments in growth areas, dividend payments and debt retirement. We are aggressively working opportunities to sharpen our focus, transform our operations and continue investing in growth areas, with the customer at the center of everything we do.”

Highlights:

  • Mobile service revenues were down 1.1% due to decline in international roaming; equipment revenues up year over year.
  • 17.7 million premium TV subscribers – 886,000 net loss; 91,000 attributed to Keep America Connected programs.
  • 225,000 AT&T Fiber net adds
  • Operating expenses were $37.4 billion versus $37.5 billion in the year-ago quarter, essentially flat. 
  • Operating income was $3.5 billion versus $7.5 billion in the year-ago quarter


https://investors.att.com/~/media/Files/A/ATT-IR/financial-reports/quarterly-earnings/2020/q2-2020/att-2q2020-earnings.pdf

Thursday, July 9, 2020

AT&T expands SD-WAN with Cisco

AT&T introduced a new service offering based on Cisco Secure SD-WAN technology. The service includes natively integrated security capabilities to provide threat protection that is consistently maintained across branch offices and clouds, without compromising performance.

The SD-WAN offering is powered by Cisco’s ISR and ASR routers and Enterprise Network Compute System (ENCS) and managed through a single cloud-based dashboard. Integrated security features include an application-aware enterprise firewall, intrusion prevention, URL filtering and advanced malware protection.

“Successful network and digital transformation requires effective security management,” said Mo Katibeh, Executive Vice President, Chief Product & Platform Officer, AT&T Business. “AT&T SD-WAN with Cisco combines connectivity, SD-WAN and security, which allows businesses to expand and scale without worrying about the security of their branch locations."

https://www.business.att.com/content/attbusiness/en/products/sd-wan.html/

Wednesday, June 24, 2020

AT&T pays down $5.3 billion in debt ahead of schedule

AT&T announced early repayment of six series of bonds totaling approximately $4.3 billion and prepayment of term loans totaling $1.0 billion. The total principal of these prepayments is approximately $5.3 billion.

AT&T said its goal is to continue improving its credit quality even as it remains committed to paying a dividend to its shareholders and investing in its growth areas — fiber, 5G and HBO Max. For full-year 2020, AT&T expects its dividend payout of free cash flow ratio will be in the 60% range. This gives the company the flexibility to continue to reduce its debt levels during 2020.

Thursday, June 18, 2020

AT&T tests Nokia's RAN Intelligent Controller over commercial 5G

Nokia and AT&T conducted a limited live trial of RAN Intelligent Controller (RIC) over the AT&T commercial 5G mmWave network in New York City.

Last year, AT&T and Nokia announced their collaboration to co-develop the RIC software platform, in alignment with the O-RAN Alliance target architecture. The RIC software is available at the O-RAN Software Community.

For the recent trial, AT&T and Nokia ran a series of external applications, called “xApps,” at the edge of AT&T’s live 5G mmWave network on an Akraino-based Open Cloud Platform. The xApps used in the trial were designed to improve spectrum efficiency, as well as offer geographical and use case-based customization and rapid feature onboarding.

Ultimately, the trial achieved its test goals. Both companies tested the RAN E2 interface and xApp management and control, collected live network data using the Measurement Campaign xApp, the neighbor relation management using Automated Neighbor Relation (ANR) xApp, and tested RAN control via the Admission Control xApp – all with zero interruption to the live commercial network.

Mazin Gilbert, VP of Technology and Innovation at AT&T, said: “This successful trial is a testament to what we can achieve through openness and collaboration. Together with the O-RAN Alliance, AT&T and Nokia will continue to develop and contribute to the E2 interface and the RIC platform to help enable an intelligent and flexible 5G network.”

Michael Clever, Head of Edge Cloud Platforms at Nokia, said: “We are excited about the success achieved by the joint AT&T and Nokia team in proving out the RIC over AT&T's 5G network in such a great city. This represents a major milestone toward the advancement of RAN network intelligence, openness and programmability, with the ultimate goal of improving wireless networks efficiency and end user experience.”

https://www.nokia.com/about-us/news/releases/2020/06/18/nokia-and-att-run-successful-trial-of-the-ran-intelligent-controller-over-commercial-5g/

AT&T and Nokia collaborate on open RAN platform

AT&T and Nokia are collaborating on an open software platform under the ORAN Alliance to open up access to 5G radio access networks (RANs). The goal is faster, more flexible service deployments and programmability within a rapidly-evolvable RAN.  The ORAN Alliance aims to enable a multi-vendor open ecosystem of interoperable components for the disaggregated RAN.

AT&T said it is commencing development of a software platform for the RAN Intelligent Controller (RIC), to enable the creation of open source software that is aligned with the O-RAN target architecture. AT&T and Nokia are co-creating the platform code to accelerate the deployment of open source software for the 5G RAN.



Some highlights:

  • The RIC platform will provide a set of functions and interfaces that allow for increased optimizations through policy-driven closed loop automation 
  • The platform will be architected in the form of an extensible real-time microservices framework coupled with a radio information database and key open control plane interfaces for mobility management, spectrum management, load balancing, radio resource control and RAN slicing to name a few.  
  • Implementations of these functions, sourced from multiple vendors, could be mixed and matched on a single network infrastructure. 
The platform will also enable interfaces to third-party applications for enhanced mobility functions such as cross layer optimization and machine learning inferences.

AT&T also plans to increase its engagement in Akraino Edge Stack, a Linux Foundation project focused on building production ready cloud infrastructure for edge deployment in open source. In particular, AT&T has also signed a multiyear co- development agreement with Nokia to further expand Akraino Edge Stack capabilities supporting the needs of the RIC and other edge cloud platform deployments.

Monday, June 15, 2020

AT&T continues 5G rollout

AT&T continues to expand its 5G network with the activation of service in 137 additional markets across the United States.

The AT&T 5G network now covers more than 160 million people.

“While many of us have been working from home for the past three months, AT&T’s network team continued to build and test our network so that we could emerge from this season with stronger, broader 5G coverage for our customers across the country,” said Chris Sambar, EVP of Technology Operations. “Whether it’s getting you back to work, back to school, or back to play, we’ve got you covered with the fastest1 wireless speeds in the nation.”

Wednesday, May 20, 2020

Open RAN Policy Coalition elects AT&T's Boyer as chairman

The Open RAN Policy Coalition elected representatives from 12 companies to serve on its Board of Directors.

Chris Boyer of AT&T was elected to serve as the Coalition’s Chairman; Eric Wenger of Cisco will serve as Vice-Chair; Nick Fetchko of Verizon as Treasurer; and Becky Fraser of Qualcomm as Secretary.

At-large Board members elected include Thierry Maupile of Altiostar; Jeff Blum of DISH Network; Robert Pepper of Facebook, Jayne Stancavage of Intel; John Baker of Mavenir; David Jeppsen of NTT; Azita Arvani of Rakuten Mobile; and Ed Howard of Vodafone.

Open RAN Policy Coalition seeks to diversify supply chain

A new Open RAN Policy Coalition has been formed to promote policies that will advance the adoption of open and interoperable solutions in the Radio Access Network (RAN) as a means to create innovation, spur competition and expand the supply chain for advanced wireless technologies including 5G.

The coalition believes that the U.S. Federal Government has an important role to play in facilitating and fostering an open, diverse and secure supply chain for advanced wireless technologies, including 5G, such as by funding research and development, and testing open and interoperable networks and solutions, and incentivizing supply chain diversity.

As evidenced by the current global pandemic, vendor choice and flexibility in next-generation network deployments are necessary from a security and performance standpoint,” said Diane Rinaldo, Executive Director, Open RAN Policy Coalition.  “By promoting policies that standardize and develop open interfaces, we can ensure interoperability and security across different players and potentially lower the barrier to entry for new innovators.”

Open RAN Policy Coalition founding members include Airspan, Altiostar, AT&T, AWS, Cisco, CommScope, Dell, DISH Network, Facebook, Fujitsu, Google, IBM, Intel, Juniper Networks, Mavenir, Microsoft, NEC Corporation, NewEdge Signal Solutions, NTT, Oracle, Parallel Wireless, Qualcomm, Rakuten Mobile, Samsung Electronics America, Telefónica, US Ignite, Verizon, VMWare, Vodafone, World Wide Technology, and XCOM-Labs.

http://www.openRANpolicy.org

Wednesday, May 6, 2020

Whitepaper: 7 Principles of AT&T’s Network Transformation

AT&T published a nine-page whitepaper outlining seven tenets of its network transformation.

In a blog post, Scott Mair, President, AT&T Technology & Operations, says the company's network carried an average of 335 petabytes of data per day during Q4 2019. This jumped 20% because of the COVID-19 response. AT&T is on track to hit is its 75% SDN and automation goal this year, to deliver nationwide 5G this summer, and to expand its 400G deployment.

The whitepaper discusses the following “7 Principles of AT&T’s Network Transformation”:

  1. Network growth necessitates economies of scale that can only be achieved from interoperability and open disaggregation
  2. White Box hardware/software disaggregation using open dNOS, such as AT&T’s Vyatta NOS, is proliferating from the network edge to the core
  3. Network edge densification is critical for low latency, near-real time connections, highspeed requirements for 5G and low latency enterprise applications
  4. AT&T’s Mobility Core and IP Communication Core are pivoting to be cloud native
  5. ONAP and AT&T’s ECOMP SDN platform are evolving for diverse NFV instantiation orchestration models - APIs not GUIs
  6. Cloud-Based Data Warehouse, Machine Learning, Artificial Intelligence, and policy-driven SDN-control are a powerful combination 
  7. AT&T network security paradigm is rapidly changing from the customer premise, to the network edge, and at its core 

The full whitepaper is here:
https://about.att.com/content/dam/snrdocs/7_Tenets_of_ATTs_Network_Transformation_White_Paper.pdf

Google's Loon balloons working with AT&T

Google's Loon balloon initiative, which has undergone limited field deployments in Puerto Rico and Peru, is working with AT&T and its global partners to extend its reach to new markets.

Specifically, Loon is looking to leverage the AT&T network to expands the number of operators around the world that Loon can work with without having to complete time-intensive network integration for each one. The collaboration is expected to save valuable time if the event that Loon broadband coverage is needed for disaster response.

Loon also disclosed that it has recently secured approvals to fly over additional countries, including Kenya, Uganda, Namibia, Democratic Republic of Congo, Chad, Malawi, and Lesotho. Loon now has approvals to fly ove a total of 50 countries.

https://medium.com/loon-for-all/working-with-at-t-to-offer-a-global-connectivity-solution-in-times-of-disaster-450d8cb9a448

Google Loon to fly over the Peruvian Amazon

Peru is likely to be the first country in Latin America in which the "Loon" Internet-via-balloon service will operate

Specifically, Loon and Internet para Todos Perú (IpT) have reached an agreement to use high-altitude balloons to expand mobile internet access to parts of the Peruvian Amazonia. The companies aim to provide service to Telefónica customers in Peru in 2020.

Loon, which is a subsidiary of Alphabet, the parent company of Google, uses a network of high altitude balloons operating 20 km above sea level, well above air traffic, wildlife and weather events. Loon provides a full network as a service. The balloons act as floating cell towers, transmitting a provider’s service directly to a subscriber’s 4G/LTE device below.

IpT Perú is an open access wholesale rural mobile infrastructure operator owned by Telefónica, Facebook, IDB Invest and CAF which aims to help bridge the digital divide bringing mobile internet to remote populations where conventional telecom infrastructure deployment is not yet economically feasible.  Launched last May, Internet para Todos Perú is a neutral-host Rural Mobile Infrastructure Operator in Peru focused on offering mobile internet connectivity in rural areas to any Mobile Network Operator (MNO) willing to use its services on a wholesale basis. With a strong focus on innovation to provide sustainable service, IpT will leverage Loon for hard-to-reach areas, complementing its terrestrial network and, initially, managing the service for Telefónica del Perú, first MNO to use the technology on a commercial basis in Latin America. More than 800,000 people living in around 5,300 rural communities in Peru have now access to mobile internet thanks to IpT. The aim is to connect over 30,000 communities by 2021 for the bicentennial of Peru.

Loon and Telefónica in Peru started collaborating in 2014 when early tests of Loon´s technology began. In 2017 when the El Niño floods devastated parts of Northern Peru, Loon worked with Telefónica to provide Internet connectivity to those in need in an area over 40,000 Km² in size. Earlier this year when a magnitude 8.0 earthquake struck Peru, the two companies were able again to provide emergency connectivity. This agreement marks an important milestone in their collaboration and the result of the extensive work by the Loon, Telefónica del Perú and IpT teams over the last few years.

Peru joins Kenya as the second country where Loon has signed a contract to expand the service of Mobile Operators using stratospheric balloons. In Kenya, Loon is awaiting final written regulatory approval to begin flying and conducting the final stages of network integration with Telkom Kenya.

Sunday, April 26, 2020

John Stankey to take over as AT&T's CEO on July 1

John Stankey will take over as CEO of AT&T effective July 1, 2020, replacing the retiring Randall Stephenson (60) who has served in the position for the past 13 years.

Stephenson will continue to serve as Executive Chairman of AT&T until January 2021.

John Stankey (57) has served as President and Chief Operating Officer of AT&T since October 2019. He joined AT&T in 1985 and has served in a variety of roles, including: CEO of WarnerMedia; CEO of AT&T Entertainment Group; Chief Strategy Officer; Chief Technology Officer; CEO of AT&T Operations; and CEO of AT&T Business Solutions. He holds a bachelor's degree in finance from Loyola Marymount University and an M.B.A. from UCLA.

“I’m honored to be elected the next CEO of AT&T, a company with a rich history and a bright future,” said Stankey. “My thanks go to Randall for his vision and outstanding leadership during a period of tremendous change and investment in the core capabilities needed to position AT&T well for the years ahead. And I appreciate the Board’s confidence in me leading the company during our next chapter of growth and innovation in keeping people connected, informed and entertained. We have a strong company, leading brands and a great employee team, which I’m privileged to lead. I couldn’t be more excited about the new opportunities we have to serve our customers and communities and create value for our shareholders.”

Stephenson said, “I congratulate John, and I look forward to partnering with him as the leadership team moves forward on our strategic initiatives while navigating the difficult economic and health challenges currently facing our country and the world. John has the right experiences and skills, and the unflinching determination every CEO needs to act on his convictions. He has a terrific leadership team onboard to ensure AT&T remains strong and continues to deliver for customers and shareholders for years to come.”

AT&T’s John Donovan steps down

John Donovan, CEO of AT&T Communications, will retire effective October 1. Donovan joined AT&T in 2008 as Chief Technology Officer, overseeing the company’s global technology direction and innovation road map. He was then promoted to AT&T’s Chief Strategy Officer and Group President—AT&T Technology and Operations, before being named CEO of AT&T Communications in July 2017.


“It’s been my honor to lead AT&T Communications during a period of unprecedented innovation and investment in new technology that is revolutionizing how people connect with their worlds,” said John Donovan. “All that we’ve accomplished is a credit to the talented women and men of AT&T, and their passion for serving our customers. I’m looking forward to the future – spending more time with my family and watching with pride as the AT&T team continues to set the pace for the industry.”


Wednesday, April 22, 2020

AT&T cites impact of COVID-19, networks performing well, guidance withdrawn

Citing an approximate $600 million impact of COVID-19 on its business,  especially on advertising sales and the cancellation of live sports such as March Madness, AT&T reported Q1 2020 consolidated revenues of $42.8 billion, down from $44.8 billion in the year-ago quarter, and below market expectations. Growth in domestic wireless service revenues and strategic and managed business services revenues partially offset declines in revenues from WarnerMedia, domestic video, legacy wireline services, domestic wireless equipment and Vrio.

AT&T suspended its share repurchase program and the company withdrew its financial guidance due to uncertainty related to COVID-19 pandemic and recovery.

“The COVID pandemic had a 5 cents per share impact on our first quarter. Without it, the quarter was about what we expected — strong wireless numbers that covered the HBO Max investment, and produced stable EBITDA and EBITDA margins,” said Randall Stephenson, AT&T Chairman and CEO. We have a strong cash position, a strong balance sheet, and our core businesses are solid and continue to generate good free cash flow — even in today’s environment. In light of the pandemic’s economic impact, we’ve already adjusted our capital allocation plans and suspended all share retirements,” Stephenson said.  “As a result, we’re able to continue investing in critical growth areas like 5G, broadband and HBO Max, while maintaining our dividend commitment and paying down debt.”

Some highlights:
  • Strong cash position and liquity
  • Operating expenses were $35.3 billion versus $37.6 billion in the year-ago quarter, down 6.1% due to a one-time spectrum gain, lower Entertainment Group costs, lower WarnerMedia costs primarily associated with lower revenues, lower domestic wireless equipment costs and cost efficiencies. 
  • Operating income was $7.5 billion versus $7.2 billion in the year-ago quarter, with operating expense reductions outpacing revenue declines. 
  • Operating income margin was 17.5% versus 16.1% in the year-ago quarter. 
  • Capital expenditures were $5.0 billion
  • Mobility Service revenues up 2.5%
  • Mobility Operating income up 9.0% with EBITDA of $7.8 billion, up 7.0%
  • Postpaid phone churn of 0.86%, a 6 basis point improvement
  • 163,000 postpaid phone net adds
  • Solid video and broadband ARPU gains
  • AT&T TV national launch; video subs impacted by focus on long-term value customer base:
  • 18.6 million premium TV subscribers – 897,000 net loss
  • 209,000 AT&T Fiber net adds; IP broadband revenue growth of nearly 2%




Wednesday, January 29, 2020

Summary of AT&T results

AT&T reported 4Q2019 revenue of $46.8 billion (~$48.0 billion excluding HBO Max investment) versus $48.0 billion in the year-ago quarter. Net income was $2.4 billion, or $0.33 per diluted common share, versus $4.9 billion, or $0.66 per diluted common share, in the year-ago quarter.

AT&T cited growth in domestic wireless services and strategic and managed business services revenues partially offset declines in revenues from domestic video, legacy wireline services and WarnerMedia.

The company completed or announced about $9 billion in non-core asset monetizations in the fourth quarter.

“We delivered what we promised in 2019 and we begin this year with strong momentum in wireless, with HBO Max set to launch in May and our share retirement plan well underway,” said Randall Stephenson, AT&T chairman and CEO. “Our 2020 outlook positions us to deliver meaningful progress on our 3-year financial and capital allocation plans as we continue to invest in growth opportunities and create value for our owners, as we did last year.”

Some highlights

  • Mobility service revenues in Q4 were up 1.8% and 1.9% for the full year.
  • Total wireless revenues (including equipment) were up 0.8% in 4Q and for the full year. 
  • Q4 229,000 postpaid phone net adds; nearly 1 million total phone net adds for full year (483,000 postpaid, 506,000 prepaid)
  • FirstNet coverage more than 75% completed
  • A total of 19.5 million premium TV subscribers – 945,000 net loss
  • AT&T TV NOW subscribers – 219,000 net loss
  • 191,000 AT&T Fiber net adds; IP broadband revenue growth of 2.7%
  • Approximately 600,000 U.S. business buildings are now lit with fiber from AT&T, enabling high-speed fiber connections to more than 2.5 million U.S. business customer locations. 


Tuesday, January 14, 2020

AT&T to deploy 5G at Nellis Air Force Base, Nevada

AT&T will provide 5G and services to Nellis Air Force Base in Nevada. The carrier will also deliver FirstNet to eligible public safety personnel across Nellis.

The AT&T 5G infrastructure will serve the base’s more than 40,000 Air Force personnel, their families, and retirees. It will provide wireless high-speed external and in-building connectivity across Nellis’ flight line, facilities, dormitories, and the Mike O'Callaghan Military Medical Center.

Wednesday, January 8, 2020

AT&T updates 2020 targets

John Stephens, senior executive vice president and chief financial officer of AT&T, provided the following updates at the Citi Global TMT West Conference this week.

  • For 2020, AT&T expects adjusted EPS in the $3.60 to $3.70 range, including HBO Max investment of $1.5 billion to $2 billion and significant share retirements.  
  • Gross capital investment in the $20 billion range, reflecting downward bias from fiber build completion and the company’s capital efficient one-touch wireless spectrum deployment.
  • AT&T is focused on exceeding the annual 6% to 8% reduction in network operational costs it has achieved in recent years. 
  • AT&T has begun several cost reduction initiatives as it targets an incremental 4% in cost reductions driven primarily by lower labor-related costs and corporate overhead. 
  • AT&T has already virtualized 71% of its network functions and expects to meet its goal of 75% by the end of 2020.
  • AT&T has retired about 140 million shares it issued for the Time Warner acquisition, including about 80 million shares so far in 2020 under its accelerated share repurchase (ASR) agreement. 
  • Q4 2019 revenues will reflect lower Warner Bros. theatrical revenues as compared to a strong fourth-quarter 2018 film slate.  
  • Fourth-quarter revenues are also expected to reflect U.S. wireless equipment sales revenue slightly lower than fourth quarter of 2018. 


https://about.att.com/story/2020/john_stephens_updates_shareholders.html

Sunday, December 15, 2019

AT&T ahead of schedule on asset monetization program

AT&T said it is ahead of schedule with its asset monetization program - part of its effort to reduce its debt-to-adjusted EBITDA ratio target.

Specifically, AT&T had a 2019 target to sell $6 billion to $8 billion of non-core assets. With the completion of the recent $4.5 billion sale of a preferred equity interest in a subsidiary that holds cell tower assets, AT&T now has completed a net $15 billion in asset monetization initiatives this year. It has also announced nearly $4 billion in monetization initiatives that are expected to close by mid-2020.

Some additional updates:

  • AT&T’s board of directors approved a 2% increase in the company’s quarterly dividend from $0.51 per share to $0.52 per share. On an annualized basis, this equates to a full-year dividend of $2.08, up from $2.04. The increase is consistent with AT&T’s capital allocation strategy announced in October calling for continued modest annual increases in the dividend.
  • The company began retiring shares in the fourth quarter and has entered into a $4 billion accelerated share repurchase (ASR) agreement. Through purchases under the ASR, AT&T plans to retire about 100 million shares in the first quarter of 2020.
  • AT&T’s board of directors also declared a dividend of $170.1388889 per share on the company’s 5.000% Perpetual Preferred Stock, Series A (representing $0.1701388889 per Depositary Share, each representing a 1/1000th interest in the 5.000% Perpetual Preferred Stock, Series A). 

Tuesday, November 26, 2019

Microsoft and AT&T preview Network Edge Compute

Microsoft and AT&T announced select preview availability for Network Edge Compute (NEC) technology, which weaves Microsoft Azure cloud services into AT&T network edge locations closer to customers. NEC will initially be available for a limited set of select customers in Dallas. Next year, Los Angeles and Atlanta are targeted for select customer availability.

NEC is enabled by AT&T’s software-defined and virtualized 5G core, which the company calls the Network Cloud.  This means the Network Cloud is now capable of delivering Azure services.

“The first smartphones on 3G networks introduced the idea of mobile apps over a decade ago. A few years later, 4G LTE made it feasible to connect those devices faster to cloud applications to stream videos, hail rides, and broadcast content to the world,” said Mo Katibeh, EVP and chief marketing officer, AT&T Business. “With our 5G and edge computing, AT&T is collaborating uniquely with Microsoft to marry their cloud capabilities with our network to create lower latency between the device and the cloud that will unlock new, future scenarios for consumers and businesses. We’ve said all year developers and businesses will be the early 5G adopters, and this puts both at the forefront of this revolution.”

“We are helping AT&T light up a wide range of unique solutions powered by Microsoft’s cloud, both for its business and our mutual customers in a secure and trusted way,” said Corey Sanders, corporate vice president, Microsoft Solutions. “The collaboration reaches across AT&T, bringing the hyperscale of Microsoft Azure together with AT&T’s network to innovate with 5G and edge computing across every industry.”


AT&T to move most non-network workloads to public cloud by 2024

Microsoft and AT&T announced an extensive, multiyear alliance under which Microsoft will be the preferred cloud provider for non-network applications. Specifically, AT&T will provide much of its workforce with Microsoft 365, and plans to migrate non-network infrastructure applications to the Microsoft Azure cloud platform.

AT&T said the alliance is part of its broader public cloud first strategy to consolidate data center infrastructure and operations. AT&T is becoming a “public cloud first” company by migrating most non-network workloads to the public cloud by 2024.

“AT&T and Microsoft are among the most committed companies to fostering technology that serves people,” said John Donovan, CEO, AT&T Communications. “By working together on common efforts around 5G, the cloud, and AI, we will accelerate the speed of innovation and impact for our customers and our communities.”

“AT&T is at the forefront of defining how advances in technology, including 5G and edge computing, will transform every aspect of work and life,” said Satya Nadella, CEO, Microsoft. “The world’s leading companies run on our cloud, and we are delighted that AT&T chose Microsoft to accelerate its innovation. Together, we will apply the power of Azure and Microsoft 365 to transform the way AT&T’s workforce collaborates and to shape the future of media and communications for people everywhere.”

In addition, Microsoft will tap into the innovation AT&T is offering on its 5G network, including to design, test, and build edge-computing capabilities. With edge computing and a lower-latency 5G connection enabled through AT&T’s geographically dispersed network infrastructure, devices can process data closer to where decisions are made. Recently, Microsoft and AT&T worked together to test an edge computing-based tracking and detection system for drones. With more connected devices and the growing demand for streaming content from movies to games, businesses and consumers require ever-increasing network capabilities.

Sunday, November 24, 2019

AT&T to provide Telefonica with last mile wireless access in Mexico

AT&T Mexico will provide Telefonica Movistar with capacity in its 3G and 4G access network and any future network technologies nationwide.

Under the deal, Telefonica Movistar maintains its transport network and all of its platforms, without operational or geographical restrictions to meet the needs of its users and services. Telefonica Movistar will maintain sole control over its operations, including its client portfolio, operations, assets, administration, pricing, rates, billing systems, among others. AT&T will have no visibility or influence on Telefonica Movistar’s operations.

The migration of Telefonica Movistar traffic to the AT&T access network begins immediately and will continue to be implemented gradually.

"Based on our digital transformation, we are confident that this new approach will make us more agile to provide innovative, simple and transparent solutions that guarantee the best service experience to our customers," said Camilo Aya Caro, president and CEO of Telefonica Movistar in Mexico.

https://www.telefonica.com.mx/