CLAIM #55040 · AT&T Inc. (T) · 2023Q2 earnings call · Jul 26, 2023 · due Dec 31, 2023
“Yes, as we said, we gave pretty clear guidance that we would be around the same levels as we were last year.”
Pascal Desroches · CFO
In context
“al you said it would be about $1 billion lower in the second half. I just want to make sure I had that. I think previously you said $24 billion of CapEx, capital invested was $12.3 billion, I think, in the first half. So, it looks like you might come in in the $23 billion, $23.5 billion range. Is that right? And then $24 billion would be lower than that number. Just want to get those in line. And just be interesting just getting your update on where you are on the wireless network. You talked about getting to 200 million mid-band POPs. What's the plan after that? What's the plan on getting to 250 million and beyond? And maybe any update on putting 3.45 into use and how the [Internet Air] (ph) fixed wireless product is going? Thanks. Pascal Desroches: Hey, Simon. How are you? Good morning. Yes, as we said, we gave pretty clear guidance that we would be around the same levels as we were last year. In the first half of the year, we spent $12.3 billion to $12.4 billion. And by definition, that is, we're more than halfway through a roughly $24 billion spend. So that's -- the guidance hasn't changed. And importantly, as we think about how efficient our deployment of spectrum has been, that's been one of the things that when we came into the year, we understood that the spectrum that we had acquired was deploying and are propagating much more efficiently And that was in the estimates that we provided. And we're seeing that continue in all of our plans for the year, whether it be the level of coverage or -- and the level of homes passed in fiber, all those remain on track. So we feel really good about the progress. John Stankey: On Internet Air, Simon, look, it's performing well. It's go”
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SEC filings for T ↗ · Claim quote is verbatim from the 2023Q2 earnings call.