CLAIM #55206 · AT&T Inc. (T) · 2024Q2 earnings call · Jul 24, 2024 · due Jan 24, 2025
“So you'll continue to see us scale further in the business market. We're still getting the distribution tuned and honed in that space, and I would expect you see improvement in our numbers in the business segment as we move forward in the coming quarters.”
John Stankey · CEO
In context
“in two years out after we sell into the market. We're doing it, as I said last quarter, any place the right business customer wants to buy it will sell it. And that means whether we've got capacity or not, the business product is a different product. The business product has different usage characteristics. The business product has different ARPU characteristics and the business product has different characteristics around how you can bundle and serve multiple products together. And so I feel very comfortable in a nationwide offer on business that when we pick up the right customer there and how we employ that capability, either for primary or backup that we can profitably add it to other portfolios into our service offerings and reinvest in it in a way that makes sense for the business. So you'll continue to see us scale further in the business market. We're still getting the distribution tuned and honed in that space, and I would expect you see improvement in our numbers in the business segment as we move forward in the coming quarters. Jim Schneider: Thank you. Brett Feldman: Are you ready for the next question, operator? Operator: Our next question will come from the line of David Barden of Bank of America. Please go ahead. David Barden: Hi, guys. Thanks so much for taking the questions. John, I wanted to maybe go back to something you just said, which was that there's a race to convergence in the market. And I think that not everyone agrees that that's a true statement, that maybe it's more of a race for AT&T to exploit the opportunity it has in its footprint to converge as much as possible. You mentioned that you've got a 500 basis point market-share advantage in the areas where you've deployed fiber. Could you kind of share more data that would support your argument that there should be a race to convergence that AT”
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SEC filings for T ↗ · Claim quote is verbatim from the 2024Q2 earnings call.