AT&T, Peloton added to US Open commercial partner lineup - Sportcal

AT&T (T) reported a consolidated adjusted EBITDA margin increase of 110 basis points to 39.1% in Q2 2026, driven by revenue growth and cost savings. Total revenue rose 2.3% year-over-year, while adjusted EBITDA grew 5.2%. The company aims to discontinue legacy services in over 30% of wire centers by late 2026, targeting $4 billion in annual cost savings by 2028. Fiber ARPU fell 1.3% year-over-year, but AT&T added 147,000 consumer postpaid wireless accounts, its best in over three years.

AT&T has secured a 5-year partnership with the USTA to become the Official Connectivity Provider for the US Open. The company will manage a DAS network and provide connectivity for various on-site services. The deal highlights AT&T's role in enhancing digital infrastructure at major events.

The FAA awarded AT&T a $74.3 million task order for network planning in its air traffic control overhaul, part of a potential multi-billion-dollar, 15-year FENS project. The initiative aims to upgrade telecommunications infrastructure across 4,500 FAA facilities to support NextGen air traffic operations and improve cybersecurity and data exchange.

The FAA is moving toward a long-term network services agreement with AT&T for its FAA Enterprise Network Services (FENS). According to the FAA, an Aug. 11 undefinitized contract includes a $74.3 million task order for early planning and development, tied to a December 2028 air traffic control system target. The eventual IDIQ contract is expected to total multi-billions over up to 15 years.

Peloton (NASDAQ:PTON) reported Q4 2026 revenue of $607.7 million and GAAP net income of $61.6 million, plus full-year GAAP net income of $63.2 million, its first full year of profitability. Ending paid subscriptions fell to 2.553 million. Management guided 2027 revenue to $2.3-$2.4 billion and adjusted EBITDA to $475-$525 million, citing churn and a $23.8 million patent-related contingency.

Peloton (PTON) reported Q4 2026 revenue of $607.7M, up $1M YoY, and GAAP net income of $61.6M (+185%). Full-year revenue was $2.446B and GAAP net income $63.2M, first full year profitable. Adjusted EBITDA was $142.3M in Q4. Paid subscriptions fell to 2.553M. 2027 guidance: revenue $2.3B-$2.4B and adjusted EBITDA $475M-$525M.