AT&T Inc. (T) Acquisition of Spectrum Licenses from EchoStar Call Transcript

AT&T Inc. (NYSE:T) Acquisition of Spectrum Licenses from EchoStar Call August 26, 2025 8:30 AM ET

Company Participants

Brett Joseph Feldman – Senior Vice President of Finance & Investor Relations
John T. Stankey – CEO & Chairman
Pascal Desroches – Senior EVP & CFO

Conference Call Participants

Benjamin Daniel Swinburne – Morgan Stanley, Research Division
James Edward Schneider – Goldman Sachs Group, Inc., Research Division
John Christopher Hodulik – UBS Investment Bank, Research Division
Michael Ian Rollins – Citigroup Inc., Research Division
Michael J. Funk – BofA Securities, Research Division
Peter Lawler Supino – Wolfe Research, LLC
Sebastiano Carmine Petti – JPMorgan Chase & Co, Research Division

Operator

Good morning. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conference call over to our host, Brett Feldman, Senior Vice President, Finance and Investor Relations. Please go ahead.

Brett Joseph Feldman

Thank you. Good morning and welcome to our call to discuss our transaction with EchoStar. I’m Brett Feldman, Head of Investor Relations for AT&T. Joining me on the call today are John Stankey, our Chairman and CEO, and Pascal Desroches, our CFO.

Before we begin, I need to call your attention to our safe harbor statement. It says that some of our comments today may be forward- looking. As such, they are subject to risks and uncertainties described in AT&T’s SEC filings. Results may differ materially. Additional information is available on our Investor Relations website. And with that, I will turn the call over to John Stankey. Go ahead, John.

John T. Stankey

Thanks, Brett. I appreciate you all joining us today on short notice, and I apologize if we’re interrupting anyone’s summer vacation plans. But we felt it was an important step to get you all together to provide some additional context about our transaction