# Dallas-based AT&T said revenue rose 2.9% to $31.5 billion in the first quarter.

*business · news · 2026-04-22 · The Dallas Morning News*

## Key points

- AT&T exceeded analyst estimates with $31.5 billion Q1 revenue and 57 cents adjusted EPS.
- AT&T's new reporting framework splits declining copper operations into 'legacy' and fiber/wireless into 'advanced connectivity.'
- AT&T projects a 70% energy reduction and 35% maintenance savings by retiring copper lines for fiber.
- AT&T aims to reach 40 million fiber locations by end of 2024 and 60 million by decade's end.
- AT&T plans to spend $250 billion over five years to expand telecom infrastructure and operations.

**Companies:** AT&T Inc., Lumen Technologies Inc., Verizon Communications Inc., T-Mobile US Inc.
**Countries:** United States

[Read the full story on The Dallas Morning News](https://www.dallasnews.com/business/technology/article/at-t-beats-estimates-buoyed-internet-phone-22219729.php)

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