AT&T Inc. (T) announced that it is steadily advancing its sustainable, long-term growth strategy and is on pace to meet all of its consolidated financial targets.John Stankey, the CEO of AT&T, updated shareholders about the company’s progress during his address at the Goldman Sachs Communacopia + Technology Conference.To bolster its continuous investment in 5G and fiber, the company continues to project its capital investment for 2024 to be in the range of $21 billion to $22 billion.Moreover, AT&T reaffirmed its commitment to enhancing operational efficiencies, aiming for over $2 billion in run-rate cost savings by mid-2026.The material has been provided by InstaForex Company – www.instaforex.com
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