AT&T is a publicly owned company headquartered in the US. Founded in 1983, AT&T employs approximately 224,380 individuals and reported $125.6B in revenue as of 2025. The company specializes in telecoms, functioning as a multinational telecoms provider.
AT&T will raise two billing fees for wireless customers effective August 5, increasing the Administrative and Regulatory Cost Recovery Fee from $3.99 to $4.99 per month per line. This development follows the Federal Communications Commission's approval on June 29 of AT&T's petition to eliminate legacy landline service in California, a move reported on July 9 despite a state order prohibiting it. Also on July 9, AT&T, T-Mobile, and Verizon announced a joint venture to develop satellite-based direct-to-device technology, marking a first-time collaboration among the dominant U.S. wireless competitors to address market shifts and the rise of services that do not rely on traditional tower infrastructure. Earlier the same day, AT&T, T-Mobile US, and Verizon spearheaded the launch of Aduna's new network-based authentication system, which replaces SMS one-time passcodes (OTPs) by verifying mobile number authenticity directly with the carrier.
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