AT&T Expands Stock Presence with NYSE Texas Dual Listing
AT&T Announces Dual Listing on NYSE Texas
Today, AT&T (NYSE: T) proudly announced its dual listing of common stock on NYSE Texas, a significant step that reflects its historical connection with the New York Stock Exchange. This dual listing is not just a financial maneuver; it's a testament to AT&T's longstanding commitment to the state and its robust growth trajectory.
A Historic Relationship with NYSE
AT&T has been intertwined with the New York Stock Exchange for over a century. John Stankey, AT&T Chairman and CEO, expressed enthusiasm about this new chapter: "Our longstanding relationship with the New York Stock Exchange has been integral to our continued financial growth and success. We're thrilled to extend our presence further with the dual listing on NYSE Texas, reinforcing our deep roots in the state." This commitment emphasizes that Texas is not only the location of AT&T's headquarters but also a key player in its future strategy.
Strengthening the Community
Lynn Martin, President of NYSE Group, remarked on AT&T's importance to the Texas business community. He stated that AT&T's listing on NYSE Texas reinforces the exchange's role in local economic development. This partnership enables AT&T to further demonstrate its support for the state and its commitment to enhancing community ties.
Investment and Infrastructure in Texas
AT&T's dedication to its Texas roots is evident through considerable investments over recent years. Between 2020 and 2024, the company invested nearly $13 billion into its Texas network infrastructure, aiming to enhance connectivity and accessibility for residents and businesses alike. Moreover, through various initiatives, AT&T has provided over $43 million in donations aimed at bridging the digital divide, including the establishment of 14 Connected Learning Centers across the state.
Building for the Future
With a dedicated workforce of nearly 24,000 employees, AT&T is a pillar of innovation and economic growth in Texas. The company is actively involved in advancing the region's technological capabilities, focusing on enhancing 5G networks and fiber access. These efforts not only improve services for customers but also play a crucial role in supporting first responders with reliable communication services during emergencies.
Commitment to Communication
AT&T's mission is to help families and businesses connect with greater possibilities. With a portfolio that has evolved from traditional telephone services to cutting-edge 5G and multi-gigabit internet offerings, AT&T is continuously adapting to meet the needs of its customers. This evolution is a part of their broader goal of empowering individuals and fostering a connected community.
About AT&T
AT&T is dedicated to connecting over 100 million U.S. residents along with nearly 2.5 million businesses. With a rich history of innovation spanning over 140 years, the company continues to push boundaries in telecommunications. For more information about AT&T Inc. (NYSE: T), please visit us directly at about.att.com. For investor-related news, check out investors.att.com.
Frequently Asked Questions
What is the significance of AT&T's dual listing on NYSE Texas?
The dual listing means that AT&T will be listed on both the NYSE and NYSE Texas, allowing broader trading opportunities and showcasing its commitment to Texas.
How long has AT&T been associated with the New York Stock Exchange?
AT&T has been associated with the New York Stock Exchange since September 4, 1901, marking over 120 years of listing.
What investments has AT&T made in Texas recently?
From 2020 to 2024, AT&T invested nearly $13 billion in Texas network infrastructure and contributed $43 million to local communities.
How does AT&T support local communities?
AT&T supports local communities through infrastructure investments, educational initiatives, and providing reliable communication services.
Where can I find more information about AT&T?
You can find more information about AT&T on their official website, about.att.com, and investor-related information at investors.att.com.
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