AT&T Expects Double-Digit EPS Growth, 3%-4% EBITDA Growth This Year, Highlighting AI, Fiber Edge and Business Momentum at Citi Conference
AT&T executives, including CFO Pascal Desroches and EVP Melissa Arnoldi, stated at a Citi event that the company's multiyear investment strategy has strengthened its network assets and reduced leverage. They highlighted renewed momentum in business connectivity, with advanced-connectivity revenue growing nearly 2% year-over-year in Q2. The company is targeting AI workloads, investing in 400-gigabit capacity, and plans to return about 100% of free cash flow to shareholders.
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