Reaffirming 2026 and Multi-Year Financial Guidance

The $19 billion commitment represents expected investment, supported by updated federal policies, and also supports AT&T's plans to reach more than 60 million fiber locations across the U.S. by the end of 20303. AT&T reiterates all 2026 and multi-year financial and operational guidance and capital return plans shared during its first-quarter 2026 results.

1This is an illustrative analysis based on national average assumptions only; actual California impacts may differ materially due to higher applicable rates and the state's regulatory environment.
2Equivalency calculated using the EPA GHG Calculator for avoiding 300M KWh annually in CA.
3Total consumer and business locations reached with fiber represents the sum of: (1) AT&T Owned and Operated locations, which reflect its customer locations passed by AT&T's fiber network and (2) Fiber Ventures locations, which represent locations served from the acquired Mass Markets fiber business, Gigapower, and other commercial open access providers.