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CLAIM #54994 · AT&T Inc. (T) · 2023Q1 earnings call · Apr 20, 2023 · due Apr 20, 2024

We expect to increase cash generation over time, which will allow us to continue delivering an attractive dividend with improving credit quality.

John Stankey · CEO

PENDING
graded after results covering Apr 20, 2024 are reported

In context

erve the needs of our customers for decades to come. This is at the core of what we do and who we are as a company, it's also why we continue to be one of America's largest capital investors. We're investing in our connectivity infrastructure, and using our team's proven expertise to not only maintain our network advantages but to advance it, and we're doing this while moving forward on our commitment to provide more Americans with access to reliable high-speed broadband. We plan to actively pursue bead funding to support the transition of our wireline footprint and expect to be a significant participant in public private partnerships. And while we're clearly committed to investing in our networks, we also remain focused on the strengthening of our balance sheet and reducing our net debt. We expect to increase cash generation over time, which will allow us to continue delivering an attractive dividend with improving credit quality. And by executing on the simplified capital allocation framework, we expect to improve our financial flexibility in the long run. This will provide us with the opportunity to take additional actions, such as investing to accelerate our business growth or generating incremental values and returns for our shareholders. Now before I wrap up, I'd like to quickly touch on some developments we're seeing in the macroeconomic environment. We started the year with the expectation that we'd be operating against a less-predictable macro backdrop. This belief has proven true thus far. And what we're seeing is in line with the expectations we built into our guidance in January, including a moderation of growth for wireless services. We expected to transition back to more historical cost of debt. That i

Verify independently

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