Fortune USA 201906

102

FORTUNE.COM // JUNE.1.19

AT&T ’S

HE AV Y

L IF T

Bellhead Randall Stephenson

has assembled a media empire.

Now comes the hard part.

By GEOFF COLVIN

at&t

9 5.7%

TOTAL RETURN TO SHAREHOLDERS

REVENUES (2008–2018 ANNUAL RATE)

$170.8 BILLION $19.4 BILLION

PROFITS

268,220

EMPLOYEES

PHOTOGRAPH BY BRENT HUMPHREYS

500 R ANK