From AT&T (NYSE: T) - Q3 2024 Earnings Call · · Business Presentations
“I've been in this industry long enough to know that you know it is a high fixed cost industry and there's been an element of wholesale that has played in over time in virtually every piece of infrastructure that's been built and will it come a time where you step back and say there's another point or two of growth or capacity that can be allocated in a way that's different than the way it is today and it could be done on a wholesale structure and it may be accretive to the overall returns of the business I think it's entirely possible that that day could arrive.”
On , Brett Feldman, Senior Vice President of Finance & Investor Relations at AT&T, spoke about open access fiber during AT&T (NYSE: T) - Q3 2024 Earnings Call on Business Presentations.
Brett Feldman, Senior Vice President of Finance and Investor Relations at AT&T, has been active in discussing the company's financial and operational strategy. On the company's first quarter 2026 earnings call, Feldman stated that AT&T is "operating from a position of strength" and expects "momentum and our operating trends to build" through the year. He noted that the company closed its transaction with Lumen "ahead of schedule," adding 1.1 million fiber customers and over 4 million fiber locations. Feldman also said AT&T continues to expect to repurchase approximately $8 billion of stock in 2026 and maintain a consistent pace of buybacks through 2028 as part of plans to return over $45 billion to shareholders. In a March 2026 interview on NYSE Live, Feldman discussed AT&T's $250 billion investment commitment in U.S. telecommunications infrastructure through the end of the decade. He described the Lumen deal as "a really innovative deal" that allowed AT&T to acquire fiber optic internet assets serving consumers in the Lumen footprint. Feldman also addressed the company's workforce, stating that AT&T has over 110,000 employees in the United States and is adding technicians to support its investment, noting that only 5% of positions at the company require a college degree.