T Earnings

ed to the length of time they would have been assigned that level of equity credit by that Rating Agency or its predecessor on the initial issuance of the Series A; or (ii) the lowering of the equity credit (including up to a lesser amount) assigned to the Series A by that Rating Agency as compared to the equity credit assigned by that Rating Agency or its pre

ed to the length of time they would have been assigned that level of equity credit by that Rating Agency or its predecessor on the initial issuance of the Series C; or (ii) the lowering of the equity credit (including up to a lesser amount) assigned to the Series C by that Rating Agency as compared to the equity credit assigned by that Rating Agency or its pre

he Company and the Underwriters and dated the date of this Agreement and the Delivery Date, respectively, of the type described in the Public Company Accounting Oversight Board Guidance AS Section 6101 (“AS 6101”) with respect to the Company and (ii) the Representative shall have received a letter, dated the Delivery Date and addressed to the Representative, o

ancial Results Results reflect consistent execution of the Company's investment-led customer-centric strategy The Company reiterates all full-year 2026 and multi-year financial guidance and capital return plans DALLAS, April 22, 2026 — AT&T Inc. (NYSE: T) reported first-quarter results, achieving its fastest-ever year-over-year organic growth in its advanced c

Outlook and Capital Allocation Plan AT&T maintains the long-term outlook and capital allocation plans provided with its fourth-quarter 2025 results. This includes the Company's outlook for improved growth in adjusted EBITDA* and adjusted EPS* and higher free cash flow* through 2028, its plans to return $45 billion+ to shareholders during 2026-2028 through div

r Ventures locations, which represent locations served from the acquired Mass Markets fiber business, Gigapower, and other commercial open access providers. 4 The Company's 2026 outlook is presented on a continuing operations basis and excludes discontinued operations. About AT&T We help more than 100 million U.

3 percent when compared to the first quarter of 2025, primarily due to lower demand for legacy services, which we expect to continue as we decommission our legacy network. Operating expenses represent direct operating costs and were $1.

xpense declines were primarily driven by lower personnel and other costs resulting from the decommissioning of our legacy network and lower fulfillment cost amortization, which we expect to continue. These decreases were partially offset by vendor credits in the prior year. Legacy operating income margin was 34.

he Company and the Underwriters and dated the date of this Agreement and the Delivery Date, respectively, of the type described in the Public Company Accounting Oversight Board Guidance AS Section 6101 (“AS 6101”) with respect to the Company and (ii) the Representative shall have received a letter, dated the Delivery Date and addressed to the Representative, o