AT&T enters satellite venture: what it means for AT&T stock
Published on 10/03/2026 at 11:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
On October 1, 2026, AT&T, T-Mobile and Verizon entered into a joint venture agreement focused on expanding coverage in underserved areas across the United States, according to AT&T. AT&T stock was EUR 21.60 in weekend trading at Lang & Schwarz at 11:42 a.m. CEST on October 3, 2026, unchanged from the EUR 21.60 close at Lang & Schwarz on October 2, 2026.
Weekend trading
The Lang & Schwarz bid was EUR 21.58 and the ask was EUR 21.62 at 11:42 a.m. CEST on October 3, 2026. The joint venture's stated aims include making satellite-enabled connectivity easier to deliver where traditional service is limited and complementing terrestrial mobile networks. The further course of weekend trading at Lang & Schwarz until 1:00 p.m. CEST is shown by the continuously updated real-time quote of AT&T stock.
Joint venture leadership
Paul Roth will serve as interim chief executive officer of the joint venture while a search for a permanent chief executive officer continues, AT&T said. The venture will be managed by a board with representatives from each founding member. Existing carrier-satellite agreements will remain in place, and the companies may continue connectivity efforts independently. These details were reported in the AT&T announcement.
Dividend declaration
Separately, AT&T's board declared a quarterly dividend of USD 0.2775 per common share on September 24, 2026. The dividend is payable on November 2, 2026, to stockholders of record at the close of business on October 12, 2026, according to PR Newswire.
Next Xetra session
The next Xetra session is scheduled for October 5, 2026.
