Item 7.01 Regulation FD Disclosure.

Throughout this document, AT&T Inc. is referred to as "we" or "AT&T." AT&T is a holding company whose subsidiaries and affiliates operate worldwide in the telecommunications and technology industries.



As a convenience to investors, we are providing quarterly consolidated and
segment and business unit income statement information as a supplement to our
Form 8-K filed on April 14, 2022, which included required pro forma financial
information prepared in accordance with Article 11 of Regulation S-X, to give
effect to the pro forma discontinued operations presentation of the separation
and distribution of the WarnerMedia business. For discontinued operations, we
evaluated transactions completed during 2021 that were components of AT&T's
single plan of a strategic shift, including dispositions that may not have
individually met the criteria due to materiality, and have determined
discontinued operations to be comprised of the WarnerMedia, Vrio, Xandr and
Playdemic Ltd. (Playdemic) transactions (collectively, the "Transactions").
Beginning with the second quarter of 2022, the transactions will be reflected in
our historical financial statements as discontinued operations.

Additionally, for the quarter ended March 31, 2022, we have reclassified in to
"Corporate" certain administrative costs borne by AT&T where the business units
do not influence decision making to conform with the current period
presentation. This recast increased Corporate operations and support expenses by
approximately $1.2 billion in 2020 and $270 million in 2021. Correspondingly,
this recast lowered administrative expenses at WarnerMedia, Video and AT&T's
Communications operations with no change on a consolidated basis. We are also
enhancing our reporting within Corporate to provide additional details of the
activities and reconciling items.

This supplemental information in the exhibits includes:
•Reconciliation of AT&T's reported consolidated income statement to: (1)
continuing operations, (2) standalone AT&T, and (3) adjusted standalone AT&T as
Exhibit 99.1.
•Presentation of AT&T's segment and business unit results, recast for parent
allocation methodology, and enhanced details of Corporate items reconciled to:
(1) total AT&T reported operating results and EBITDA (operating income before
depreciation and amortization), (2) standalone AT&T operating results and
EBITDA, and (3) adjusted standalone AT&T operating results and EBITDA as Exhibit
99.2.
•Presentation of standalone AT&T segment and business unit results reconciled to
adjusted standalone AT&T operating results and EBITDA as Exhibit 99.3.

CAUTIONARY LANGUAGE CONCERNING FORWARD-LOOKING STATEMENTS



Information set forth in this Form 8-K contains financial estimates, statements
as to the expected timing, completion and effects of the Xandr transaction and
other forward-looking statements that are subject to risks and uncertainties.
These estimates and statements are subject to risks and uncertainties, and
actual results might differ materially. A discussion of factors that may affect
future results is contained in AT&T's filings with the Securities and Exchange
Commission. AT&T disclaims any obligation to update or revise statements
contained in this filing based on new information or otherwise.

Item 9.01 Financial Statements and Exhibits.

The following exhibits are furnished as part of this report:

(d) Exhibits



           99.1      Supplemental consolidated quarterly income statement

reconciliation of reported,


                     continuing operations and Standalone AT&T
           99.2      Supplemental quarterly segment information with

reconciliation to Standalone AT&T


           99.3      Supplemental quarterly segment information of

Standalone AT&T

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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