FX.co ★ AT&T Says Remains On Track To Meet All Of Its Consolidated Financial Guidance

AT&T Inc. (T) announced that it is steadily advancing its sustainable, long-term growth strategy and is on pace to meet all of its consolidated financial targets.

John Stankey, the CEO of AT&T, updated shareholders about the company’s progress during his address at the Goldman Sachs Communacopia + Technology Conference.

To bolster its continuous investment in 5G and fiber, the company continues to project its capital investment for 2024 to be in the range of $21 billion to $22 billion.

Moreover, AT&T reaffirmed its commitment to enhancing operational efficiencies, aiming for over $2 billion in run-rate cost savings by mid-2026.