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CLAIM #54992 · AT&T Inc. (T) · 2023Q1 earnings call · Apr 20, 2023 · due Dec 31, 2023

And as we reduce our copper services footprint and related legacy infrastructure, we expect to consistently improve our margins, grow EBITDA and, ultimately, improve our capital efficiency.

John Stankey · CEO

CANNOT_DETERMINE
versus commitment · official band 5 percent
Committed
we expect to consistently improve our margins, grow EBITDA and, ultimately, improve our capital efficiency
Reported
adjusted EBITDA margin expansion we delivered in 2023

In context

gely delivered what we set out to accomplish three years ago, our journey has only raised our confidence that we can continue to evolve and improve. In fact, we believe we can further accelerate cost takeouts as we progress through the year. Part of this entails transforming our network as we ultimately replace our copper services footprint with best-in-class fiber connectivity, and where it makes sense for customers, replacement products built on our wireless network. Think about a cost structure that's no longer anchored to legacy network technologies and software stacks. For example, in addition to all of fiber's enhanced resiliency and its superior transport characteristics, we're already seeing that fiber uses less energy, costs less to maintain and requires fewer service dispatches. And as we reduce our copper services footprint and related legacy infrastructure, we expect to consistently improve our margins, grow EBITDA and, ultimately, improve our capital efficiency. Another contributing element relies on unlocking new capabilities that make it easier to collaborate and get work done by leaning into our digital transformation. We're seeing this already come to life through early trials in our collaboration with NVIDIA, where we're testing the use of artificial intelligence to improve fleet dispatches so our field technicians can better serve customers. Separately, we're using AI to match customers with the right customer care support path, resulting in more effective issue resolution. We think this is only the tip of the spear of what's possible. Now let's turn to our final priority, which centers on how we're allocating capital, we continue to invest in our 5G and fiber networks at record levels in order to deliver long-term sustainable earnings grow

Verify independently

SEC filings for T · Claim quote is verbatim from the 2023Q1 earnings call.