CLAIM #55283 · AT&T Inc. (T) · 2024Q4 earnings call · Jan 27, 2025

“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.”

John Stankey · CEO

How to check this claim

Look at: Fiber build run-rate (annual passings/units, million per year as referenced by management)

It came true if: Company-disclosed fiber build pace reaches $4 million-equivalent run rate (i.e., moves up one increment from the $3 million level) within 12-18 months

Where: management commentary on fiber build pace (earnings calls / investor presentations)

Knowable after: 2026-07-27

In context

“nt 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 million are kind of the graceful way to go about doing it. We’re not whipsawing vendor communities, supply chains, doing things that are inappropriate. So I think about that within the course of the year. Can you scale yourself up to get to another $1 million, that’s a decision that we’d have to make after we saw some tangibility that the tax cuts are, in fact, going to go into place. Brett Feldman: Thanks for the question, John. We will go to next one. Operator: Thank you. And our next question today comes from David Barden of Bank of America. Please go ahead. David Barden: Hi, guys. Thanks so much for taking the questions. I guess my first one for you, John, just returning to a topic that we discussed”

Verify independently

SEC filings for T ↗ · Quote is verbatim from the 2024Q4 earnings call.