0
General

AT&T refinances USD 60 bln worth of debt

Monday 23 November 2020 | 09:24 CET | News
AT&T CFO John Stephens said the company has refinanced over USD 60 billion worth of debt and now has about USD 30 billion of debt coming due through 2025. The CFO reiterated the company's guidance for a 2020 free cash flow of USD 26 billion or higher, with a full-year dividend payout ratio percentage in the high 50s percent. The company also continues to expect gross capital investment in the USD 20 billion range for this year and is on track with its other expectations.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: Amazon / AT&T / DirecTV / HBO
Countries: United States
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

AT&T raises FY outlook after Q2 recovery in wireless, media businesses

Published 22 Jul 2021 13:31 CET | United States
AT&T has raised its full-year outlook, after showing a strong recovery in second-quarter results at its wireless and media ...

AT&T to merge media operations with Discovery - report

Published 17 May 2021 09:35 CET | World
AT&T could merge its media business, bought less than three years ago for USD 85 billion, with Discovery, in a deal that could be ...

AT&T spins off pay-TV business in joint venture with TPG

Published 26 Feb 2021 09:33 CET | United States
AT&T has agreed to create a new company for its US video business unit, namely DirecTV, AT&T TV and U-verse video services, ...

AT&T reports strong growth in streaming, mobile customers in Q4, bottom line hurt by pay-TV writedown

Published 27 Jan 2021 14:49 CET | United States
AT&T reported a strong finish to 2020 in terms of customer growth in Q4 and met its annual targets for cash flow. Revenues still ...

TPG in exclusive talks to buy AT&T's DirecTV - report

Published 25 Jan 2021 08:58 CET | United States
Private equity firm TPG has started exclusive talks for AT&T's DirectTV satellite TV service, Reuters reported, with sources ...

AT&T sells Crunchyroll anime business to Sony for USD 1.175 billion

Published 10 Dec 2020 09:55 CET | World
AT&T has been looking to raise cash through asset sales in order to reduce debt accumulated with the acquisition of Time Warner. ...

AT&T lines up offers for DirecTV of over USD 15 billion - report

Published 10 Dec 2020 09:44 CET | United States
AT&T has received a number of offers for its satellite-TV service DirecTV, with the top bids valuing the unit at over USD 15 ...

AT&T CEO says HBO Max grows to 12.6 mln users

Published 09 Dec 2020 11:41 CET | United States
CEO John Stankey provided a company update to shareholders during the UBS Global Tech, Media and Telecommunications Conference, ...

HBO Max customers to get free access to 'Wonder Woman 1984' at cinema release

Published 19 Nov 2020 09:58 CET | United States
AT&T's new streaming service HBO Max will get a boost at Christmas with the simultaneous release of the film 'Wonder Woman 1984' ...

Elliott Management sells stake in AT&T

Published 17 Nov 2020 16:21 CET | United States
Elliott Management has sold its stake in AT&T, Mobile World Live reported, citing a regulatory filing. The activist shareholder ...

AT&T considers sale of minority stake in pay-TV business - report

Published 04 Nov 2020 09:38 CET | United States
AT&T is in talks to sell a high minority-stake in DirecTV, as well as in AT&T Now and U-Verse, CNBC reported. The company is in ...

AT&T Q3 results drop on Covid impact, subscriber numbers start to recover

Published 22 Oct 2020 14:11 CET | United States
AT&T reported a drop in third-quarter revenues and profit, due mainly to the impact of the coronavirus pandemic on its ...

AT&T sells Puerto Rico, USVI assets to Liberty Latin America for USD 1.95 bln

Published 09 Oct 2019 16:46 CET | Puerto Rico
AT&T has agreed to sell its operations in Puerto Rico and the US Virgin Islands to Liberty Latin America for USD 1.95 billion in ...