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  • Rank33
  • Previous Rank34
  • CEO
    Randall L. Stephenson
  • Address
    208 S. Akard St., Dallas, TX 75202
  • Websitehttp://www.att.com
  • Industry
    Telecommunications

AT&T announced plans in the middle of 2014 to merge with DirecTV for $48.5 billion. At the time, CEO Randall Stephenson said that the move marked an opportunity for the company to change the video entertainment industry. AT&T also laid to rest a $45 million class action lawsuit for allegedly violating the Telephone Consumer Protection Act. Look for the company to layoff employees due to the deal in the upcoming months, too. The telecom said it planned to reduce costs by $2.5 billion due to “cost synergies” last year. Revenues rose modestly at about 3% year-over-year.

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Company Information

CEO
Randall L. Stephenson
Industry
Telecommunications
Sector
Telecommunications
HQ Location
Dallas, TX
Websitehttp://www.att.com
Years on List21

Key Financials (last fiscal year)

($ Millions)% change
Revenues132,4472.9%
Profits6,224-65.9%
Assets292,829-
Employees243,620-

Profits as a % of

Profit as % of Revenues4.7%
Profits as % of Assets2.1%
Profits as % of Stockholder Equity7.2%