AT&T CEO John Stankey Updates Shareholders - Seite 2

Stankey indicated that AT&T continues to expect to close the pending WarnerMedia-Discovery transaction in mid-2022. In the interim, AT&T remains focused on expanding HBO Max’s global footprint. HBO Max launched in 39 Latin America territories in June and is set to launch in six European countries next month, with plans to launch in at least 14 additional European territories in 2022. AT&T expects HBO Max subscriber growth in the second half of 2021 to primarily come from outside the United States, reflecting the strategic decision to cease offering HBO Max on Amazon Channels. While AT&T expects this decision will likely impact total HBO Max / HBO domestic subscribers and net additions in the third quarter, Stankey said he is encouraged by initial international subscriber activity and believes exciting content launches in the second half of 2021 and first half of 2022 will help drive continued subscriber growth. AT&T continues to expect to reach 70 million to 73 million global HBO Max and HBO subscribers by the end of 2021.⁴

¹ AT&T awarded Best 5G Network by GWS OneScore 2021. GWS conducts paid drive tests for AT&T and uses the data in its OneScore analysis. AT&T 5G requires compatible plan and device. 5G not available everywhere. Go to att.com/5Gforyou for details.
² AT&T awarded Best Network by GWS OneScore 2021. GWS conducts paid drive tests for AT&T and uses the data in its OneScore analysis. AT&T 5G requires compatible plan and device. 5G not available everywhere. Go to att.com/5Gforyou for details.
³Comparison of Internet 1000 wired upload connection speed to Xfinity, Spectrum & COX 1Gig and 1.2Gig service with uploads of 35 Mbps. For more information, go to www.att.com/speed101.
⁴ Global HBO Max and HBO subscribers consist of domestic and international HBO Max and HBO subscribers, and exclude free trials, basic and Cinemax subscribers.

*About AT&T
AT&T Inc. (NYSE:T) is a diversified, global leader in telecommunications, media and entertainment, and technology. AT&T Communications provides more than 100 million U.S. consumers with entertainment and communications experiences across mobile and broadband. Plus, it serves high-speed, highly secure connectivity and smart solutions to nearly 3 million business customers. WarnerMedia is a leading media and entertainment company that creates and distributes premium and popular content to global audiences through its consumer brands, including: HBO, HBO Max, Warner Bros., TNT, TBS, truTV, CNN, DC Entertainment, New Line, Cartoon Network, Adult Swim and Turner Classic Movies. Xandr, now part of WarnerMedia, provides marketers with innovative and relevant advertising solutions for consumers around premium video content and digital advertising through its platform. AT&T Latin America provides pay-TV services across 10 countries and territories in Latin America and the Caribbean and wireless services to consumers and businesses in Mexico.