10-K · latest 8
What AT&T's 10-K filings say
- SEC EDGAR
10-K · FY2025
Filed · Fiscal year ends 12/31 · 12 signals
AT&T took a $4.42B goodwill impairment charge on its struggling Business Wireline unit in 2024.
The massive write-down on the Business Wireline unit, which also posted an $816M operating loss in 2025, signals significant distress and pressure to restructure or modernize this segment to restore profitability.
$4.4B
Goodwill impairment charge for Business Wireline reporting unit in 2024
Open RAN
A primary focus for 2026 is expanding the fiber footprint through organic builds and M&A.
fiberLumen
AT&T is actively decommissioning its high-cost, inefficient legacy copper network.
The company is aggressively migrating customers to fiber and wireless alternatives to reduce costs and improve reliability, as legacy consumer internet connections dropped by 1.3 million in 2025.
fiberwireless
Postpaid phone churn increased 14 basis points in 2025 as customers reached end of device financing.
The increase in customer churn from 0.76% to 0.90% highlights a key vulnerability and creates a need for improved customer retention strategies, analytics, and loyalty programs to protect its high-value subscriber base.
14%
Year-over-year basis point increase in postpaid phone churn (from 0.76% to 0.90%)
To support massive growth in data usage from AI and IoT, AT&T is investing heavily in its 5G network.
5GAIIoTEchoStar Corporation
The company incurred restructuring charges related to its Open RAN deployment, signaling a significant financial commitment to this new architecture.
Open RAN5G
AT&T has a pending deal with EchoStar to acquire spectrum for 5G and fixed wireless expansion.
This spectrum acquisition is critical for expanding the capacity of AT&T's 5G network and supporting the growth of its AT&T Internet Air (AIA) fixed wireless service.
5Gfixed wireless accessEchoStar Corporation
Showing 8 of 12 filing signals. The Signal API returns all of them.
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Questions about AT&T 10-K
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Source. Annual reports (Form 10-K) filed with the SEC. Every card links to the filing on EDGAR.
Method. Insights are extracted from the filing text and grouped by category. Numbers are quoted from the filing.
Data as of .