MAAT INDEX

CLAIM #55281 · AT&T Inc. (T) · 2024Q4 earnings call · Jan 27, 2025 · due Jan 27, 2027

I don't expect we’d ever get back to $24 billion at this juncture, given how far along we are in our reinvestment strategies.

John Stankey · CEO

PENDING
graded after results covering Jan 27, 2027 are reported

How to check this claim

Look at: Annual capital investment (capex), company-reported

It came true if: Capex remains below $24 billion in each fiscal year through the deadline

Where: Company income statement / cash flow statement (10-K capital expenditures line)

In context

of a tailwind in terms of the receptivity of the approach as we go through that. On the tax reform side, look, I'm hopeful and I'm optimistic that a Washington that has one party in control can figure out how to set priorities for themselves. My indications would be that from an economic growth perspective that the Republicans believe this is a key driver of what will get the economy moving in the right direction. I would certainly say from my little part of the economy, those policies would drive accelerated and stimulated investment as they did the first time we were in place. I've used this comparison, we were peaking in about $24 billion of investment a couple of years ago. It's not an accident. Our tax bill is up about the same amount that we're down in capital investment right now. I don't expect we’d ever get back to $24 billion at this juncture, given how far along we are in our reinvestment strategies. But do I think that the first place I would go if I had a little bit of latitude might be to accelerate some of the fiber build, the answer to that is, yeah, I probably would look at tweaking that. And some of that might go into investment and completing the fiber plan earlier. Some of that may be returned to shareholders. We can't turn on a dime to answer your question, when you think about what occurs with the fiber build as I shared with you at the analyst conference, if you want to think about increments of $1 million a year. So if we're building $3 million right now, and we wanted to move to $4 million, that's probably a 12 month best case, 18 month worst case scenario to ramp to that level. And when you start thinking about how you gracefully do these things, increments of $1 millio

Verify independently

SEC filings for T · Claim quote is verbatim from the 2024Q4 earnings call.