1、AT&T I N C.2 0 2 1 A N N U A L R E P O R TOn the Cover AT&T Connected Learning Center CitySquare,Dallas,TXMany underserved students face barriers to accessing the connectivity that is vital to long-term success.AT&T Connected Learning Centers provide free access to AT&T Fiber internet,Wi-Fi and Dell
2、 Technologies computers as well as education,mentoring and tutoring resources to help these students and their families.These centers are part of the AT&T Connected Learning initiative and our$2 billion commitment to address the digital divide through low-cost broadband service and community investm
3、ent.1AT&T I N C.2 0 2 1 A N N U A L R E P O R TTO OUR SHAREHOLDERSAs I look back on the past year,I couldnt be prouder of AT&Ts employees for their hard work and resilience during this pandemic in keeping our customers connected while accelerating our business momentum.Our companys purpose to create
4、 connection is more important than ever.Over the past 2 years,the internet has become a lifeline for many a connection to friends,family,work,commerce,education,health,entertainment and more.Its no surprise that during this pandemic,AT&T experienced its largest annual increase in data traffic in 202
5、1.THE DAWN OF A NEW AGE OF CONNECTIVITYWith more people working from home and an ever-increasing number of connected devices,machines and sensors,we see nothing that suggests a return to lower pre-COVID levels of demand for high-speed connectivity.In fact,I believe that were now at the dawn of a new
6、 age of connectivity powered by the widespread and growing availability of 5G and fiber,and defined by greater ubiquity,reliability,security,capacity and speed.Thats the context behind our decision in 2021 to reposition our business,simplify our strategy and focus our capital allocation in 3 areas:S