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CLAIM #55120 · AT&T Inc. (T) · 2023Q4 earnings call · Jan 24, 2024 · due Dec 31, 2024

I'm comfortable that what we can deliver in our plan next year isn't going to hang on what the government chooses to do with ACP.

John Stankey · CEO

PENDING
graded after results covering Dec 31, 2024 are reported

In context

m together in a coherent approach to ensuring those most in need can get subsidy that they need to be able to afford access to the Internet so that as a country, we can step back and say that everybody has access to capable, scalable Internet that allows them to do all the things that are so critical today. And I think through a combination of ACP, universal service reform, other programs that are out there, that money is there, if there was a political will and a coherent policy put forward, that it would be good for the industry and good for our country. Unfortunately, we now are looking at a triage moment on one program, ACP. I don't know where it's going to go. I will tell you, either way it goes, we'll be fine. We've given you guidance fully knowing it can break one way or the other. I'm comfortable that what we can deliver in our plan next year isn't going to hang on what the government chooses to do with ACP. If they choose to cancel the program and don't fund it and move forward on it, we have plays that we'll run. We have things that we'll do with our customers and how we approach the market and what we do to respond to it. And we believe we can manage through that in an effective way within the context of the size of our company and what we do and how we go to market. If they go the other way and they do manage to fund it or fund it on some kind of a revised basis, AT&T will be continuing to lobby that regulators should be thinking about a more holistic and sustainable approach, trying to get this right for the future so we don't approach this moment again. It's some last minute circumstance and that we can have a thoughtful approach to it. And that battle will not go away, and I think it's

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SEC filings for T · Claim quote is verbatim from the 2023Q4 earnings call.