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.
Texas Marks AT&T Dual-Listing on NYSE Texas
AT&T has successfully achieved dual-listed common stock on NYSE Texas, reinforcing its long-standing commitment to the state and its local community. This significant move allows the telecommunications giant to maintain its presence on the New York Stock Exchange (NYSE), where it has been listed for over 120 years.
Investment in Texas Infrastructure
As part of its ongoing dedication to Texas, AT&T has invested nearly $13 billion in infrastructure developments across the state from 2020 to 2024. These substantial investments are aimed at enhancing connectivity and supporting economic growth, vital in today’s digital age.
Community Contributions
In addition to infrastructure investments, AT&T has donated more than $43 million to various initiatives throughout Texas. Among these contributions, nearly $11 million has been allocated specifically for initiatives aimed at increasing internet access. These efforts underscore AT&T’s commitment to bridging the digital divide and ensuring that all Texans have access to reliable internet service.
Connected Learning Centers
In furthering its mission to enhance education and digital literacy, AT&T has established 14 Connected Learning Centers across Texas. These centers are designed to provide students and communities with the resources necessary to improve their digital skills, thereby opening up opportunities for learning and growth in an increasingly technology-driven world.
Leadership Perspective
AT&T Chairman and CEO John Stankey has emphasized the importance of the company’s long-standing relationship with the NYSE as a critical component of its financial growth strategy. He stated that maintaining a significant operational hub in Texas is essential, reaffirming the company’s dedication to supporting the state’s economy and community.
Listing Insights
NYSE Texas is home to a variety of reputable companies including AbbVie, Allstate, 3M, and Whirlpool. The inclusion of additional financial instruments such as various Strive exchange-traded funds (ETFs) and Invesco trust funds further enriches the marketplace. Thereby, AT&T’s new dual-listing not only benefits the company but also enhances the overall financial landscape of NYSE Texas.
Recent Market Acquisitions
In related market activity, The Living Company has acquired Blake Solutions, focusing on the expansion of projects in student housing and hospitality sectors. Meanwhile, Dallas-based consulting firm Geniant has announced its acquisition of NewTerritory, a move aimed at enhancing brand support and optimizing customer and employee experiences through improved rebranding strategies.
Conclusion
AT&T’s dual-listing on NYSE Texas represents a pivotal moment, symbolizing not just the company’s longstanding relationship with the NYSE but also its unwavering commitment to Texas. As AT&T continues to invest in infrastructure and community projects, the company aims to foster a more connected and informed populace through its various initiatives and programs.
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Author: STAFF HERE GEORGETOWN
The GEORGETOWN STAFF WRITER represents the experienced team at HEREgeorgetown.com, your go-to source for actionable local news and information in Georgetown, Williamson County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Red Poppy Festival, Georgetown Swirl, and Christmas Stroll. Our coverage extends to key organizations like the Georgetown Chamber of Commerce and the Downtown Georgetown Association, plus leading businesses in manufacturing and tourism that power the local economy such as local wineries and historic downtown shops. As part of the broader HERE network, including HEREaustin.com, HEREcollegestation.com, HEREdallas.com, HEREhouston.com, HEREgeorgetown.com, and HEREsanantonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
