On December 3, 2024, AT&T unveiled a strategic plan to drive growth and enhance shareholder returns, including a $10 billion share repurchase authorization. The company aims to expand its fiber broadband network to over 50 million locations and modernize its 5G network by 2027. AT&T projects consolidated service revenue growth in the low-single-digit range annually from 2025-2027, with adjusted EBITDA growth of 3% or better. The company expects to return over $40 billion to shareholders through dividends and share repurchases by 2027. The company plans to exclude DIRECTV results from adjusted EPS and free cash flow starting in Q1 2025, anticipating $16 billion+ in free cash flow in 2025, growing to $18 billion+ by 2027.

On December 3, 2024, AT&T unveiled a strategic plan to drive growth and enhance shareholder returns, including a $10 billion share repurchase authorization. The company aims to expand its fiber broadband network to over 50 million locations and modernize its 5G network by 2027. AT&T projects consolidated service revenue growth in the low-single-digit range annually from 2025-2027, with adjusted EBITDA growth of 3% or better. The company expects to return over $40 billion to shareholders through dividends and share repurchases by 2027. The company plans to exclude DIRECTV results from adjusted EPS and free cash flow starting in Q1 2025, anticipating $16 billion+ in free cash flow in 2025, growing to $18 billion+ by 2027.