AT&T Company profile
About AT&T Inc.
AT&T Inc. is a holding company. The Company is a provider of telecommunications, media and technology services globally. The Company operates through three segments: Communication segment, WarnerMedia segment, and Latin America segment. The Communications segment provides wireless and wireline telecom, video and broadband services to consumers. The business units of the Communication segment includes Mobility, Business Wireline and Consumer Wireline. Business Wireline provides advanced IP-based services, traditional voice and data services. The WarnerMedia segment develops, produces and distributes feature films, television, gaming and other content over various physical and digital formats. WarnerMedia segment also includes Xandr that provides advertising services. Latin America segment provides entertainment and wireless services outside of the United States. Mexico is the business unit of the Latin America segment that provides wireless service and equipment to customers in Mexico.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, AT&T Inc. revenues decreased 2% to $168.86B. Net income applicable to common stockholders totaled $19.87B vs. loss of $5.37B. Revenues reflect Communications segment decrease of 17% to $114.73B, Latin America segment decrease of 6% to $5.35B, United States segment decrease of 3% to $151.63B, Brazil segment decrease of 18% to $1.49B.
Equity composition
Common Stock $1 Par, 3/11, 14B auth., 6,495,231,088 issd, less 576,965,462 shs. in Treas. @ $20.95B. Insiders own 0.04%. 11/05, Co. acquired AT&T Corp. @0.77942 shares(632,192,573 shares issued) & Name changed from SBC Commun. Inc. 01/07, Co. merged with BellSouth Corporation @1.325 shares (2,414,150,000 shrs. issd.).