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General

AT&T outlines plans for more cost reductions, share buyback

Wednesday 4 March 2020 | 08:34 CET | News
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AT&T announced plans for a new cost-cutting programme. COO John Stankey told an investors conference that the company has identified 10 categories of cost initiatives over the short-, mid- and long-term, targeting "double-digit billions of dollars in gross savings over the next three years". He also confirmed plans for another USD 4 billion in share buybacks in Q2. 

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Categories: General
Companies: AT&T / HBO
Countries: United States
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