Amir Rozwadowski on free cash flow
From AT&T (T) Head Of Investor Relations On Earnings · · SchwabNetwork
“We generated $10.4 billion of free cash for the first three quarters of the year and we have an annual dividend commitment of $8 billion — we feel really good about meeting that dividend obligation and expect to continue to grow free cash flow.”
On , Amir Rozwadowski, Former Senior Vice President of Finance & Investor Relations at AT&T Inc., spoke about free cash flow during AT&T (T) Head Of Investor Relations On Earnings on SchwabNetwork.
About Amir Rozwadowski
In an October 2023 earnings interview, Amir Rozwadowski, then AT&T's Senior Vice President and Head of Investor Relations, discussed the company's quarterly results. He stated that AT&T had raised its full-year free cash flow guidance to $16.5 billion and its adjusted EBITDA guidance, while reporting adjusted EPS of $0.64 on revenue of $30.35 billion. Rozwadowski attributed the results to ongoing investments in 5G and fiber, describing these as a multi-year transformation that was generating customer and revenue growth. Rozwadowski characterized AT&T as "the only really large scale 5G player that is also going to be a scaled fiber provider," and said the company was investing for "the next decade plus" due to expected growth in broadband demand from digitization and artificial intelligence. He noted that AT&T had generated $10.4 billion in free cash flow through the first three quarters of the year and described the company's primary cash allocation priorities as meeting dividend commitments, paying down debt, and investing in the business. He also described Apple as "a fantastic partner" for AT&T and the industry.