AT&T, a big phone and internet company, gave an update on its money! They said they expect to make about the same amount of money as people thought. They're focusing on fast internet, which is like a super-speedy highway for your phone and computer.
This is good news because it means lots of people are using their services. AT&T is also selling a part of their business called DirecTV (it's like a satellite TV).
This will bring them more money.
- AT&T is investing in fast internet.
- They expect to make around 48 cents per share in profit.
- They are selling DirecTV to get extra cash.
| Fact | Details |
|---|---|
| Expected profit per share (adjusted) | 48 cents or more |
| Money from DirecTV sale | $1.4 billion to $1.5 billion |
| Year the DirecTV sale is expected to complete | Mid-2025 |
