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AT&T

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American multinational telecommunications conglomerate

Dallas, United StatesFounded 1885Consumer Services
Valuation $319B Market cap · 2026
Revenue $129B Latest reported FY
EBITDA $48B Latest reported FY

About AT&T

AT&T Inc. is a leading telecommunications company that provides a wide range of services to both individual consumers and businesses. Operating primarily in the United States, AT&T offers wireless communications, broadband, and digital television services. The company is well-known for its 5G network, which promises faster data speeds and more reliable connections, although availability varies by location.

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AT&T serves a diverse clientele, including individual consumers looking for mobile and internet services, as well as businesses that require robust communication solutions. The company operates in the highly competitive telecommunications market, where it competes with other major players like Verizon and T-Mobile.

The business model of AT&T revolves around offering various subscription plans for mobile and internet services. These plans include options for unlimited data, which are particularly popular among consumers who use their devices for streaming and other data-intensive activities. AT&T also offers bundled services, combining internet, TV, and phone services into a single package, which can be more convenient and cost-effective for customers.

AT&T makes money primarily through subscription fees for its wireless, broadband, and TV services. The company also generates revenue from the sale of devices, such as smartphones and tablets, often offering deals and discounts during promotional periods like Black Friday and Cyber Monday. Additionally, AT&T has a streaming service, DIRECTV STREAM, which combines live TV and on-demand content, further diversifying its revenue streams.

In summary, AT&T is a major player in the telecommunications industry, offering a wide range of services to both individual and business clients. The company generates revenue through subscription fees, device sales, and its streaming service.

Source: Dealroom company data

At a glance

Status
Listed
Founded
1885
Headquarters
Dallas, United States
Listing
IPO 1983
Employees
195,737
Open positions
741
Dealroom signal
68.5/100
Industry
Media, Telecom
Sub-industry
Streaming
Sector
Consumer Services, Telecommunications, Music, DT and LS
Technology
Deep Tech
Client focus
b2b, b2c
Investment activity
81 companies, latest Mar 2026
Capital deployed
$1B
Preferred round
ACQUISITION

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO DEBT✓Debt Aug 2026 $2.3B — Undisclosed ↗
POST IPO DEBT✓Debt Apr 2026 $6B — Undisclosed ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMargin
2026 $129B +2.9% $48B 37.3% $16B 12.5%
2025 $126B +2.7% $56B 44.2% $22B 17.5%
2024 $122B -0.1% $49B 40.1% $11B 8.9%
2023 $122B +1.4% $47B 38%
2022 $121B -28.5% $49B 40.2%
2021 $169B -1.7% $62B 36.5%
2020 $172B — $52B 30.5%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

AT&T website traffic

Latest recorded traffic for AT&T is 150M monthly website visits, up 0% over the last three months. AT&T's team declined 17.7% over the past year.

Latest monthly visits150M 3-month web change0% 1-year team growth-17.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

12 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • Kansas Department of Commerce
  • National Telecommunications and Information Administration

Series B and later4 investors entered at this stage

  • NTT DoCoMo
  • CenterStar Asset Management
  • Bank of America
  • Citibank

Other known investors6 additional known investors

  • IVP
  • Joni Hanson Davis
  • Matthias Hilpert (MH2 Capital)
  • Michael Tu
  • Nancy Anderson Bolton
  • Providence Equity Partners
Team profiled 4,052 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 40 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Dallas HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about AT&T on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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