Pascal Desroches
Pascal Desroches announced his retirement as Senior Executive Vice President and Chief Financial Officer of AT&T Inc. (the “Company”), which will be effective as of December 31, 2026.
Highest-materiality recent filing
AT&T closes €4.1B and £550M multi-tranche global note offering
€1.0B 3.600% notes due 2030, €1.25B 4.150% notes due 2034, €1.0B 4.550% notes due 2038.
AT&T closes $23B spectrum acquisition from EchoStar; draws $14.5B in term loans
Acquired ~30 MHz of 3.45 GHz mid-band and ~20 MHz of 600 MHz low-band spectrum nationwide for ~$23B.
AT&T Q2 2026 EPS $0.66 beats $0.62 YoY; revenue $31.6B up 2.3%; accelerates buyback to ~$10B
Diluted EPS from continuing ops $0.66 (vs $0.62); adjusted EPS $0.65 (vs $0.54).
Pascal Desroches retires as SEVP and CFO effective Dec 31, 2026 after planned transition.
AT&T annual meeting elects directors, approves incentive and exculpation amendment
Stockholders representing 77.34% of outstanding shares attended the May 14, 2026 meeting.
AT&T closes $6B multi-tranche bond offering with rates 4.75%-6.30%
Sold $750M of 4.750% notes due 2033, $1.75B of 5.250% notes due 2036, and $500M of 5.850% notes due 2046.
AT&T Q1 2026 EPS $0.54 vs $0.61 YoY; revenue $31.5B +2.9%; Advanced Connectivity margin 24.1%
Diluted EPS from continuing ops $0.54 vs $0.61 YoY; net income attr. to common $3.79B vs $4.40B.
AT&T Q1 2026 revenue $31.5B (+2.9% YoY), adj EPS $0.57, reaffirms guidance
Revenue $31.5B (+2.9% YoY); diluted EPS from cont ops $0.54 (down 11.5%), adjusted EPS $0.57 (up 11.8%).
AT&T closes CAD$2.25B debt offering of 4.500% and 5.250% notes
Issued CAD$1.25B of 4.500% Global Notes due 2036 and CAD$1.0B of 5.250% notes due 2056.
AT&T closes $6.5B multi-tranche debt offering across five series due 2031-2056
Issued $1.5B 4.400% notes due 2031, $1.25B 4.750% notes due 2033, and $1.25B 5.125% notes due 2036.
AT&T Q4 2025 EPS $0.53, revenue up 3.6%; full-year EPS $3.04; board authorizes $10B buyback
Q4 net income attributable to common $3.75B ($0.53 diluted EPS) vs $4.03B ($0.56) YoY; revenue $33.5B (+3.6%).
AT&T Q4 revenue $33.5B, adjusted EPS $0.52, FCF $4.2B; meets 2025 guidance, new segment structure
Q4 diluted EPS $0.53 (GAAP) vs $0.56 prior year; adjusted EPS $0.52 vs $0.43 (up 20.9%).
AT&T enters $12B revolver and $17.5B term loan; funds may finance spectrum
New $12B revolver due Nov 2030, replaces 2022 facility; margin at 0.92% based on current BBB/Baa2/BBB+ ratings.
AT&T Q3 revenue $30.7B, adj EPS $0.54 flat; 405k postpaid adds, $23B spectrum deal
Revenue $30.7B (+1.6% YoY); GAAP EPS $1.29 includes DIRECTV sale gain, net income $9.7B.
AT&T closes $5B multi-tranche note offering with maturities 2032-2054
Issued $1.15B of 4.550% notes due 2032, $1.25B of 4.900% notes due 2035, $1.1B of 5.550% notes due 2045, and $1.5B of 5.700% notes due 2054.
AT&T closes €2.25B floating-rate note offering due 2027
Sold €2,250,000,000 aggregate principal amount of Floating Rate Global Notes due 2027.
AT&T acquires EchoStar spectrum licenses for ~$23B, boosting 5G and fiber capabilities
Total cash consideration ~$23B for 600 MHz and 3.45 GHz licenses covering virtually every U.S. market.
AT&T elects Kelly J. Grier as Director; Scott T. Ford to retire effective Sept 1, 2025
Kelly J. Grier elected to AT&T Board, effective September 1, 2025.
AT&T Q2 revenue $30.8B, EPS $0.62; 401K postpaid phone adds; tax savings $6.5-8B
Diluted EPS $0.62 vs $0.49 YoY; adjusted EPS $0.54 vs $0.51; net income $4.9B up 23%.
AT&T closes $3.5B debt offering across three tranches (2030, 2035, 2056)
Issued $1.0B of 4.700% Global Notes due 2030, $1.25B of 5.375% Notes due 2035, $1.25B of 6.050% Notes due 2056.
AT&T agrees to acquire Lumen's mass markets fiber business for $5.75B cash
Deal value $5.75B cash, acquiring ~1M fiber customers and >4M fiber locations across 11 states.
All 10 board nominees elected with 91.5–99.4% of votes cast; John T. Stankey received 91.54%.
AT&T Q1 2025: revenue up 2% to $30.6B, GAAP EPS $0.61, adj EPS $0.51; reaffirms guidance
Revenue $30.6B (+2.0% YoY); GAAP diluted EPS $0.61 (vs $0.47), adjusted EPS $0.51 (vs $0.48).
AT&T closes €2.75B multi-tranche note offering
Issued €1B of 3.150% notes due 2030, €1B of 3.600% notes due 2033, and €750M of 4.050% notes due 2037.
Director Glenn H. Hutchins will not stand for re-election at AT&T's 2025 Annual Meeting
Glenn H. Hutchins notified AT&T on Jan 30, 2025 that he will not stand for re-election.
AT&T Q4 2024 net income $4.0B ($0.56 EPS) vs $2.1B ($0.30); revenue $32.3B up 0.9%
Q4 net income attributable to common stock $4,031M ($0.56 diluted EPS), up from $2,135M ($0.30) in Q4 2023.
AT&T Q4 revenue $32.3B, EPS $0.56; adds 482K postpaid phone subs
Diluted EPS $0.56, adjusted EPS $0.54; net income $4.4B vs $2.6B YoY.
AT&T unveils strategic plan: fiber to 50M+ locations, $10B buyback, $40B+ returns
Targets 50M+ fiber locations; long-term guidance for sustained growth in service revenue, EBITDA, FCF, and adjusted EPS.
AT&T posts Q3 GAAP net loss of $226M on $4.4B impairment; adj. EPS $0.60
Revenue $30.2B flat YoY; GAAP diluted EPS $(0.03) vs $0.48; adjusted EPS $0.60.
AT&T sells remaining 70% DIRECTV stake to TPG for ~$7.6 billion in cash through 2029
Total expected cash payments of ~$7.6B: $1.7B pre-tax H2 2024, $5.4B after-tax in 2025, $0.5B final payment in 2029.
AT&T reports Q2 diluted EPS $0.49, adjusted EPS $0.57; revenue $29.8B, reaffirms FY guidance
Diluted EPS $0.49 (down 19.7% YoY); adjusted EPS $0.57; revenue $29.8B (down 0.4% YoY).
AT&T discloses breach of call logs for nearly all wireless customers, May-Oct 2022
Threat actor exfiltrated records of call/text interactions from May 1-Oct 31, 2022 and Jan 2, 2023.
AT&T annual meeting: all directors elected, say-on-pay passes, 3 shareholder proposals defeated
All 11 director nominees elected with over 93% of votes cast (e.g., Stankey 98.54%, Mayer 98.59%).
AT&T Q1 EPS $0.47 vs $0.57; revenue $30.0B down 0.4% YoY
Net income $3.4B, down 18.7%; GAAP EPS $0.47 vs $0.57 YoY; $0.08/share in restructuring and impairment charges.
AT&T Q1 2024: EPS $0.47 adj. $0.55; FCF $3.1B up $2.1B YoY; 349k postpaid phone adds
Revenue $30.0B (-0.4% YoY); operating income $5.8B; net income $3.8B.
AT&T elects Marissa Mayer to Board of Directors, effective March 1, 2024
Board size increased from 10 to 11 members.
AT&T Q4 2023 EPS $0.30 vs loss year ago; revenue $32.0B (+2.2% YoY)
GAAP diluted EPS $0.30, full year $1.97; revenue Q4 $32.0B (+2.2%), full year $122.4B (+1.4%).
AT&T Q4 revenue $32.0B (+2.2% YoY), free cash flow $6.4B; full-year FCF $16.8B exceeds guidance
Q4 revenue $32.0B (+2.2% YoY); full-year revenue $122.4B (+1.4% YoY).
Net income from continuing ops of $3.8B vs $6.3B a year ago; diluted EPS $0.48 vs $0.79; included $(0.16)/sh of significant items.
AT&T Q3 revenue $30.4B (+1% YoY); raises FY FCF guidance to ~$16.5B
Revenue $30.4B (+1% YoY); operating cash flow $10.3B (+2.4% YoY); FCF $5.2B (+$1.3B YoY).
AT&T Q2 2023: Revenue $29.9B (+0.9%), EPS $0.61; Issued $2B Preferred
Q2 2023 revenue $29.9B, up 0.9% YoY; operating income $6.4B, up 29.3%.
AT&T Q2 revenue $29.9B (+0.9% YoY), EPS $0.61 (+8.9%), raises cost savings target
Revenue $29.9B (+0.9% YoY); operating income $6.4B (+29.3%); diluted EPS $0.61 (+8.9%).
AT&T closes $2.75B 5.400% notes due 2034; redeems $750M floating-rate notes
Closed sale of $2,750,000,000 aggregate principal of 5.400% Global Notes due 2034.
AT&T stockholders elect all 10 directors; approve executive compensation on non-binding basis
All 10 director nominees elected with votes ranging from 82.55% (Hutchins) to 97.55% (Luczo).
AT&T closes €3.25B note issuance across three tranches due 2025, 2031, 2034
Issued €1B of 3.550% Global Notes due 2025.
AT&T transfers ~$8B in pension obligations to Athene for 96,000 participants
Closed commitment agreement with Athene to transfer defined benefit pension obligations for approx. 96,000 participants.
AT&T transfers ~$8.05B pension obligations to Athene via group annuity contract
Agreement with Athene subsidiaries effective April 26, 2023; covers certain retirees and beneficiaries.
AT&T Q1 EPS $0.57 vs $0.65 YoY; revenue up 1.4% to $30.1B
Diluted EPS from continuing ops $0.57 vs $0.65 YoY; net income $4.45B down 13.5%.
AT&T Q1 revenue $30.1B, diluted EPS $0.57 vs $0.65; adds 424k postpaid phone subs
Revenue $30.1B (+1.4% YoY); net income $4.23B (-12.1%); diluted EPS $0.57 vs $0.65.
AT&T sells $4.25B fiber asset interests, repurchases $5.4B preferred interests
Sold Class A-2 limited membership interests in AT&T Fiber Investment for $4.25B via private placement to MUFG, Mizuho, Sumitomo Mitsui, Commerzbank.
Pascal Desroches announced his retirement as Senior Executive Vice President and Chief Financial Officer of AT&T Inc. (the “Company”), which will be effective as of December 31, 2026.
Ms. Biry will assume the role of Senior Executive Vice President and Chief Financial Officer as of January 1, 2027.
the Company appointed Jennifer Biry as Deputy Chief Financial Officer, effective as of July 6, 2026.
On March 1, 2024, the Board of Directors (the “Board”) of AT&T Inc. increased the size of the Board from 10 to 11 members and elected Marissa A. Mayer as a Director to fill the resulting vacancy, effective immediately.
On January 27, 2023, Debra L. Dial announced her intention to retire as Senior Vice President - Chief Accounting Officer and Controller of AT&T Inc. (the “Company”) effective March 31, 2023.
On the same day, the Board of Directors of the Company appointed Sabrina Sanders to replace Ms. Dial as the Company’s Senior Vice President – Chief Accounting Officer and Controller effective April 1, 2023.
On June 30, 2022, AT&T Inc., a Delaware corporation (the “Company”), appointed Debra L. Dial to the position of Senior Vice President - Chief Accounting Officer and Controller, and Ms. Dial assumed the responsibilities of principal accounting officer.
On June 30, 2022, AT&T Inc., a Delaware corporation (the “Company”), appointed Debra L. Dial to the position of Senior Vice President - Chief Accounting Officer and Controller, and Ms. Dial assumed the responsibilities of principal accounting officer.
Samuel A. Di Piazza, Jr., Debra L. Lee and Geoffrey Y. Yang will resign from their respective positions as directors of AT&T effective as of immediately following the Effective Time, subject to and conditioned upon the occurrence of the consummation of the Transactions and being appointed to the WBD Board.
Samuel A. Di Piazza, Jr., Debra L. Lee and Geoffrey Y. Yang will resign from their respective positions as directors of AT&T effective as of immediately following the Effective Time, subject to and conditioned upon the occurrence of the consummation of the Transactions and being appointed to the WBD Board.
Samuel A. Di Piazza, Jr., Debra L. Lee and Geoffrey Y. Yang will resign from their respective positions as directors of AT&T effective as of immediately following the Effective Time, subject to and conditioned upon the occurrence of the consummation of the Transactions and being appointed to the WBD Board.
Max materiality 0.90 · Median 0.72 · Most common event earnings