GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » AT&T Inc (WBO:ATT) » Definitions » Accounts Payable & Accrued Expense for Financial Companies

AT&T (WBO:ATT) Accounts Payable & Accrued Expense for Financial Companies


View and export this data going back to 2018. Start your Free Trial

What is AT&T Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


AT&T Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » AT&T Inc (WBO:ATT) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Address
208 S. Akard Street, Dallas, TX, USA, 75202
The wireless business contributes nearly 70% of AT&T's revenue. The firm is the third-largest US wireless carrier, connecting 73 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 15% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 11% of revenue, primarily consist of broadband internet access, serving 14 million customers. AT&T also has a sizable presence in Mexico, with 24 million customers, but this business only accounts for 3% of revenue. The firm has agreed to sell its 70% equity stake in satellite television provider DirecTV to its partner, private equity firm TPG.