T AT&T Inc.

"We are subject from time to time to judicial and administrative proceedings brought by various governmental authorities under federal, state or local environmental laws."

distress relevance: 0.58 market specificity: 0.48 score: 0.369 mda

anchor: we are subject to formal regulatory enforcement action

"We continue to support regulatory and legislative measures and efforts, at both the state and federal levels, to reduce inappropriate regulatory burdens that inhibit our ability to compete effectively and offer needed services to our customers, including initiatives to transition services from traditional networks to all IP-based networks."

distress relevance: 0.59 market specificity: 0.42 score: 0.354 mda

anchor: we are subject to formal regulatory enforcement action

"It is currently uncertain how the FCC will enforce these new rules."

distress relevance: 0.54 market specificity: 0.48 score: 0.344 mda

anchor: we are subject to formal regulatory enforcement action

"Additionally, our capital allocation plan is focused on, among other things, managing our debt level."

distress relevance: 0.61 market specificity: 0.37 score: 0.343 risk_factors

anchor: we may need to raise additional capital to fund operations

"A significant amount of our cash outflows is related to tax items, acquisition of spectrum and benefits paid for current and former employees: Total taxes incurred, collected and remitted by AT&T during 2025 and 2024 were $16,326 and $16,968."

distress relevance: 0.54 market specificity: 0.46 score: 0.339 mda

anchor: we are experiencing significant cash outflows

"It is currently uncertain how the FCC will implement and enforce these new rules."

distress relevance: 0.53 market specificity: 0.57 score: 0.371 mda

anchor: we are subject to formal regulatory enforcement action

"We are subject from time to time to judicial and administrative proceedings brought by various governmental authorities under federal, state or local environmental laws."

distress relevance: 0.58 market specificity: 0.48 score: 0.369 mda

anchor: we are subject to formal regulatory enforcement action

"We continue to support regulatory and legislative measures and efforts, at both the state and federal levels, to reduce inappropriate regulatory burdens that inhibit our ability to compete effectively and offer needed services to our customers, including initiatives to transition services from traditional networks to all IP-based networks."

distress relevance: 0.59 market specificity: 0.42 score: 0.354 mda

anchor: we are subject to formal regulatory enforcement action

"Additionally, our capital allocation plan is focused on, among other things, managing our debt level going forward."

distress relevance: 0.62 market specificity: 0.37 score: 0.347 risk_factors

anchor: we may need to raise additional capital to fund operations

"Dollars in millions except per share amounts In 2024, cash inflows were primarily provided by cash receipts from operations, including cash from our sale and transfer of our receivables to third parties, distributions from DIRECTV and sales of idle Rabbi Trust assets and other investments."

distress relevance: 0.63 market specificity: 0.34 score: 0.340 mda

anchor: we are experiencing significant cash outflows

"We are subject from time to time to judicial and administrative proceedings brought by various governmental authorities under federal, state or local environmental laws."

distress relevance: 0.58 market specificity: 0.48 score: 0.370 mda

anchor: we are subject to formal regulatory enforcement action

"We continue to support regulatory and legislative measures and efforts, at both the state and federal levels, to reduce inappropriate regulatory burdens that inhibit our ability to compete effectively and offer needed services to our customers, including initiatives to transition services from traditional networks to all IP-based networks."

distress relevance: 0.59 market specificity: 0.42 score: 0.354 mda

anchor: we are subject to formal regulatory enforcement action

"It is currently uncertain how the FCC will implement and enforce these new rules."

distress relevance: 0.53 market specificity: 0.52 score: 0.352 mda

anchor: we are subject to formal regulatory enforcement action

"Additionally, our capital allocation plan is focused on, among other things, managing our debt level going forward."

distress relevance: 0.62 market specificity: 0.37 score: 0.347 risk_factors

anchor: we may need to raise additional capital to fund operations

"At the same time, we also seek to ensure that legacy regulations are not further extended to broadband or wireless services, which are subject to vigorous competition."

distress relevance: 0.54 market specificity: 0.45 score: 0.331 mda

anchor: we are subject to formal regulatory enforcement action