With a market capitalization of $119.503 billion, AT&T Inc. (T) is a global provider of telecommunications, media, and technical services. The company operates in two segments: Communications; and Latin America.
While its net income grew 164.8% year-over-year to $4.16 billion during the second quarter ended July 31, 2022, its total operating revenue declined 17.1% from the year-ago value to $29.64 billion. In addition, its operating income decreased 34.5% from the prior-year quarter to $4.96 billion.
