UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported) July 23, 2020
AT&T INC.
(Exact Name of Registrant as Specified in Charter)
Delaware | 001-08610 | 43-1301883 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
208 S. Akard St., Dallas, Texas | 75202 |
(Address of Principal Executive Offices) | (Zip Code) |
Registrant’s telephone number, including area code (210) 821-4105
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240-14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities Registered Pursuant to Section 12(b) of the Act
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
Common Shares (Par Value $1.00 Per Share) | T | New York Stock Exchange | ||
Depositary Shares, each representing a 1/1000th interest in a share of 5.000% Perpetual Preferred Stock, Series A | TPRA | New York Stock Exchange | ||
Depositary Shares, each representing a 1/1000th interest in a share of 4.750% Perpetual Preferred Stock, Series C | TPRC | New York Stock Exchange | ||
AT&T Inc. Floating Rate Global Notes due August 3, 2020 | T 20C | New York Stock Exchange | ||
AT&T Inc. 1.875% Global Notes due December 4, 2020 | T 20 | New York Stock Exchange | ||
AT&T Inc. 2.650% Global Notes due December 17, 2021 | T 21B | New York Stock Exchange | ||
AT&T Inc. 1.450% Global Notes due June 1, 2022 | T 22B | New York Stock Exchange | ||
AT&T Inc. 2.500% Global Notes due March 15, 2023 | T 23 | New York Stock Exchange | ||
AT&T Inc. 2.750% Global Notes due May 19, 2023 | T 23C | New York Stock Exchange |
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
AT&T Inc. Floating Rate Global Notes due September 5, 2023 | T 23D | New York Stock Exchange | ||
AT&T Inc. 1.050% Global Notes due September 5, 2023 | T 23E | New York Stock Exchange | ||
AT&T Inc. 1.300% Global Notes due September 5, 2023 | T 23A | New York Stock Exchange | ||
AT&T Inc. 1.950% Global Notes due September 15, 2023 | T 23F | New York Stock Exchange | ||
AT&T Inc. 2.400% Global Notes due March 15, 2024 | T 24A | New York Stock Exchange | ||
AT&T Inc. 3.500% Global Notes due December 17, 2025 | T 25 | New York Stock Exchange | ||
AT&T Inc. 0.250% Global Notes due March 4, 2026 | T 26E | New York Stock Exchange | ||
AT&T Inc. 1.800% Global Notes due September 5, 2026 | T 26D | New York Stock Exchange | ||
AT&T Inc. 2.900% Global Notes due December 4, 2026 | T 26A | New York Stock Exchange | ||
AT&T Inc. 1.600% Global Notes due May 19, 2028 | T 28C | New York Stock Exchange | ||
AT&T Inc. 2.350% Global Notes due September 5, 2029 | T 29D | New York Stock Exchange | ||
AT&T Inc. 4.375% Global Notes due September 14, 2029 | T 29B | New York Stock Exchange | ||
AT&T Inc. 2.600% Global Notes due December 17, 2029 | T 29A | New York Stock Exchange | ||
AT&T Inc. 0.800% Global Notes due March 4, 2030 | T 30B | New York Stock Exchange | ||
AT&T Inc. 2.050% Global Notes due May 19, 2032 | T 32A | New York Stock Exchange | ||
AT&T Inc. 3.550% Global Notes due December 17, 2032 | T 32 | New York Stock Exchange | ||
AT&T Inc. 5.200% Global Notes due November 18, 2033 | T 33 | New York Stock Exchange | ||
AT&T Inc. 3.375% Global Notes due March 15, 2034 | T 34 | New York Stock Exchange | ||
AT&T Inc. 2.450% Global Notes due March 15, 2035 | T 35 | New York Stock Exchange | ||
AT&T Inc. 3.150% Global Notes due September 4, 2036 | T 36A | New York Stock Exchange | ||
AT&T Inc. 2.600% Global Notes due May 19, 2038 | T 38C | New York Stock Exchange | ||
AT&T Inc. 1.800% Global Notes due September 14, 2039 | T 39B | New York Stock Exchange | ||
AT&T Inc. 7.000% Global Notes due April 30, 2040 | T 40 | New York Stock Exchange | ||
AT&T Inc. 4.250% Global Notes due June 1, 2043 | T 43 | New York Stock Exchange | ||
AT&T Inc. 4.875% Global Notes due June 1, 2044 | T 44 | New York Stock Exchange | ||
AT&T Inc. 4.000% Global Notes due June 1, 2049 | T 49A | New York Stock Exchange | ||
AT&T Inc. 4.250% Global Notes due March 1, 2050 | T 50 | New York Stock Exchange | ||
AT&T Inc. 3.750% Global Notes due September 1, 2050 | T 50A | New York Stock Exchange | ||
AT&T Inc. 5.350% Global Notes due November 1, 2066 | TBB | New York Stock Exchange | ||
AT&T Inc. 5.625% Global Notes due August 1, 2067 | TBC | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
• | The shift in timing of advertising revenues from the postponement, restarting or cancellation of sporting events and the related timing of the sports costs; |
• | Lower revenues from the closure of movie theaters and postponement of theatrical releases, partially offset by lower production and other programming expenses; |
• | The decline in revenues from international roaming wireless services due to reduced travel and travel-related restrictions; |
• | Higher expenses to protect front-line employees, contractors and customers; and |
• | The continued transition of customers to our fiber broadband services and the acceleration of the disconnection of linear TV services due to the pandemic. |
• | Postpaid subscriber net adds were a loss of 154,000, with phone net losses of 151,000 and losses from tablets. Postpaid net losses included 466,000 disconnections (338,000 phone) where subscribers are receiving service under the Keep Americans Connected Pledge. |
• | Prepaid subscriber net adds were 165,000, with phone net adds of 135,000. |
• | Reseller net losses were 58,000. |
• | Connected device net adds were 2.3 million, 1.3 million of which were primarily attributable to wholesale connected cars. |
• | Approximately 18.4 million video connections (including 720,000 AT&T TV Now subscribers) at June 30, 2020 compared to 22.9 million at June 30, 2019 (including 1.3 million AT&T TV Now subscribers). During the second quarter of 2020, premium TV video subscribers, which includes AT&T TV, had a net loss of 886,000. AT&T TV NOW, our OTT video service, subscribers had a net loss of 68,000. Premium TV net losses included 91,000 disconnections where nonpaying subscribers are receiving service under the Keep Americans Connected Pledge. |
• | Approximately 13.9 million broadband connections at June 30, 2020 compared to 14.4 million at June 30, 2019. During the second quarter, IP broadband subscribers had a net loss of 79,000 (including fiber broadband net adds of 225,000), with 13.5 million subscribers at June 30, 2020. Broadband net losses included 159,000 disconnections where nonpaying subscribers are receiving service under the Keep Americans Connected Pledge. |
AT&T INC. | |
Date: July 23, 2020 | By:/s/ Debra L. Dial . Debra L. Dial Senior Vice President and Controller |