AT&T CEO Discusses Company's Future at Goldman Sachs Conference

Stankey Outlines Strategy to Drive Growth and Innovation

AT&T CEO John T. Stankey addressed investors and analysts at the Goldman Sachs Communacopia + Technology Conference in New York City on Tuesday. Stankey discussed the company's strategic priorities, including its focus on driving growth through connectivity, investing in 5G and fiber, and delivering a superior customer experience.

Connectivity as a Key Driver of Growth

Stankey emphasized that connectivity is essential to the future of the company and the economy as a whole. He noted that AT&T is investing heavily in expanding its 5G and fiber networks to meet the growing demand for high-speed internet access.

5G, the next generation of wireless technology, offers significantly faster speeds and lower latency than previous generations. This technology is expected to revolutionize a wide range of industries, from healthcare to manufacturing to entertainment.

Fiber is another key investment area for AT&T. Fiber-optic cables provide ultra-fast speeds and are less susceptible to interference than traditional copper cables. This makes them ideal for businesses and consumers who need reliable and high-performance internet connections.

Investing in Innovation and Technology

Stankey also highlighted the company's commitment to innovation and technology. He said that AT&T is investing in a number of emerging technologies, such as artificial intelligence, machine learning, and cloud computing.

These technologies are expected to play a major role in the future of the telecommunications industry. They can be used to automate tasks, improve customer service, and develop new products and services.

Delivering a Superior Customer Experience

Stankey emphasized the importance of delivering a superior customer experience. He said that AT&T is focused on making it easy for customers to do business with the company and providing them with the best possible service.

The company is investing in a number of initiatives to improve the customer experience, such as simplifying its billing process and providing more personalized support.

Financial Performance and Outlook

Stankey also discussed AT&T's financial performance and outlook. He said that the company is on track to achieve its financial targets for the year and is confident in its long-term growth prospects.

AT&T reported strong financial results for the third quarter of 2022, with revenue increasing by 3.1% and adjusted earnings per share increasing by 7.9%.

Conclusion

AT&T CEO John T. Stankey outlined the company's strategic priorities at the Goldman Sachs Communacopia + Technology Conference. Stankey emphasized the importance of connectivity, investing in 5G and fiber, and delivering a superior customer experience.

The company is confident in its long-term growth prospects and is on track to achieve its financial targets for the year.