CORRECTING and REPLACING John Stephens, AT&T Chief Financial Officer, Provides Update at Morgan Stanley Conference

First bullet should read: Adjusted EPS at the high end of the $3.50 range 1 (instead of EPS at the high end of the $3.50 range). Ninth bullet, insert fourth sentence: The company has found that its market share increases the longer its fiber offerings have been available up to about 50% market share after 3 years.