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AT&T expects over $18 billion in free cash flow in 2027, driven by 5G, fiber expansion

Channel News Asia LogoChannel News Asia1d ago

AT&T expects over $18 billion in free cash flow in 2027, driven by 5G, fiber expansion - Channel News Asia

Quick Summary:

:AT&T expects its free cash flow to be more than $18 billion in 2027, the company said on Tuesday as it detailed a three-year vision for the business to expand its 5G and fiber services across the United States.

The company is working to exit its legacy copper network operations across the large majority of its wireline footprint by the end of 2029.

The Dallas, Texas-based company's efforts align with industry trends toward high-speed internet and have already yielded significant customer gains.


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AT&T expects over $18 billion in free cash flow in 2027, driven by 5G, fiber expansion - Channel News Asia (Picture 1)AT&T expects over $18 billion in free cash flow in 2027, driven by 5G, fiber expansion - Channel News Asia (Picture 2)

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Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-04 @ 07:08:44 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 480 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 24104504

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 34 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #27

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