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International Business Times

Business

Carla St. Louis

AT&T Says It Expects To Return $40 Billion To Shareholders As Part Of New Strategic Plan

A visitor walks past US multinational telecommunications AT&T logo at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 27, 2023. (Credit: PAU BARRENA/AFP via Getty Images)

Telecom company AT&T has announced a strategic plan to return over $40 billion to shareholders over the next three years through dividends and share repurchases.

The company said Tuesday that it is part of a broader strategy aimed at expanding its fiber broadband network to 50 million locations and modernizing its 5G wireless infrastructure.

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Stranded Iranian tankers, American pressure: Why Sri Lanka faces a difficult choice

Sri Lanka has announced it has no immediate plans to assist 19 Iranian oil tankers anchored in international waters off the island nation's coast, despite shortages of food, water and fuel aboard the vessels.

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There was still blood and human tissue smeared across the car.

We Got This Covered

Only 9.9% of Virginians Have Gotten a Flu Shot as Buchanan and Other Southwest Counties Trail Far Behind

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One subscription that gives you access to news from hundreds of sites

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Third Cayuga County Measles Case Confirmed in Same Household as Earlier Patient While Seneca County Count Reaches 22

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