UBS reiterates Buy Rating on ATT (T)He said, "4Q results were in line to better, led by higher KPIs. Revenues grew 0.9%?yoy (UBSe 0.5%, Street 0.2%) while EBITDA grew 2.2% (UBSe 2.3%, Street 2.6%) vs. 3.4% in 3Q. FCF was $4.8B (UBSe $4.9B) on capex of $7.1B (UBSe $6.7B). For the year, EBITDA grew 3.1% and FCF came in at $17.6B?(in line with guidance). Mgmt reiterated 2025 guidance, incl. 3%+ EBITDA growth (UBSe 3.4%, Street 2.7%), $16B+ FCF ex. DTV (UBSe $16.2B) and $1.97-2.07 EPS ex. DTV (UBSe $2.08) and now expects the higher end of 2-3%?wireless service rev growth (UBSe 2.9%, Street 2.7%) and?mid-teens consumer fiber BB revenue growth (UBSe 14%)."