COVID Stimulus Watch Individual Entry

Recipient Company:
AT&T Inc
Loan or Loan Guarantee Amount:

Recipient Details

Ownership Structure: publicly traded (ticker symbol T)

Award Details

Award Date: Jun 28, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:

Parent Company Data

Parent Company: AT&T
Headquartered in: Texas
Parent Sector: telecommunications
Parent Industry: telecommunications
Employees (prior to pandemic): 246,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $175,642,463
Contracting icon
Government-contracting-related Penalties: $5,674,432
Environment icon
Environmental / Healthcare / Safety Penalties: $65,827,506
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $491,062,283
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 325 to 1
CEO Compensation: $32,032,925
Worker Median Pay: $98,630
Tax icon
Total Federal, State, and Local Subsidies: $610,765,059
Federal Corporate Income Tax Rate: 15.6%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources