News Summary

AT&T has achieved a dual-listing of its common stock on NYSE Texas, reinforcing its long-standing commitment to Texas. This strategic move not only highlights the company’s deep-rooted presence in the state but also aims to boost local economic growth by creating jobs and enhancing infrastructure. With substantial investments planned for technology and community support, AT&T is clearly demonstrating its dedication to fostering a positive impact in Texas.

Big News From Dallas: AT&T Strengthens Its Texas Roots!

Dallas has always been synonymous with big business and bold moves, and it looks like AT&T is once again proving that it’s a key player in the Lone Star State. The telecom giant has officially made a significant step by achieving a dual-listing of its common stock on NYSE Texas. This development not only reflects the company’s dedication to Texas but also reinforces its long-standing presence on the New York Stock Exchange (NYSE), where it has been listed for over 120 years!

Why This Matters to Texas

Having AT&T on the NYSE Texas isn’t just a win for the company’s finances; it’s also a big boost for the local community. NYSE Group President Lynn Martin emphasized that AT&T’s listing adds strength to the Texas community. When a company puts down roots and commits to a location, it opens the door for more jobs and opportunities. AT&T is showing that it’s here to stay!

A Commitment to Infrastructure

From 2020 to 2024, AT&T is pouring nearly $13 billion into Texas infrastructure. That’s no small change! These investments are key for making sure residents have cutting-edge technology and reliable service. In a world where connectivity is everything, AT&T is definitively putting its money where its mouth is.

Giving Back to the Community

Not only is AT&T focusing on growth, but it also believes in giving back. Over the years, the company has contributed more than $43 million across Texas, with almost $11 million specifically aimed at increasing internet access. That’s a vital move, especially in areas that struggle with connectivity. With the digital divide still a pressing issue, AT&T’s efforts are more important than ever.

Educational Initiatives: Connected Learning Centers

To further its community impact, AT&T has established 14 Connected Learning Centers throughout Texas. These centers serve as resources for students and provide them with access to technology and the internet. It’s all about creating opportunities for the next generation, and AT&T is working hard to ensure that every student can learn and grow in the digital age.

Importance of the NYSE

AT&T Chairman and CEO John Stankey highlighted how crucial the company’s relationship with the NYSE has been for financial growth. Having dual-listing on NYSE Texas reaffirms their commitment to Texas, which Stankey pointed out as AT&T’s operational hub. This strong foundation ensures not only the company’s growth but also the growth of the local economy by supporting local jobs.

What’s Next for NYSE Texas?

AT&T’s involvement with NYSE Texas is part of a larger trend, where other well-known companies like AbbVie, Allstate, and 3M have also joined the ranks. Even various Strive ETFs and Invesco trust funds are listed there, making it a prominent venue for financial activity.

Interestingly, in the realm of real estate and services, The Living Company has acquired Blake Solutions, indicating a boom in student housing and hospitality. In the consulting space, Geniant, a Dallas-based firm, has purchased NewTerritory to amplify their brand support strategies, demonstrating the strong entrepreneurial spirit in the region.

The Future Looks Bright!

In summary, AT&T’s dual-listing on NYSE Texas is a heartening reminder of how deeply invested the company is in its home state. With significant financial investment, community enhancements, and a commitment to technological empowerment, AT&T is working hard to ensure that Texas remains a hotspot for innovation and growth.

As the telecommunications landscape continues to evolve, all eyes will be on AT&T as it leads the charge in connecting Texans and fostering economic prosperity. Here’s to a future full of promise!

AT&T Strengthens Its Presence in Texas with Dual-Listing