AT&T
Q1 2022 Earnings Call
Apr 21, 2022, 8:30 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Ladies and gentlemen, thank you for standing by. Welcome to AT&T's first quarter 2022 earnings call. [Operator instructions] As a reminder, this conference is being recorded. I would like to turn the conference over to our host, Amir Rozwadowski, senior vice president, finance, and investor relations.
Please go ahead.
Amir Rozwadowski -- Senior Vice President, Finance, and Investor Relations
Thank you, and good morning, everyone. Welcome to our first quarter call. I'm Amir Rozwadowski, head of investor relations for AT&T. Joining me on the call today are John Stankey, our CEO; and Pascal Desroches, our CFO.
Before we begin, I need to call your attention to our safe harbor statement. It says that some of our comments today may be forward-looking. As such, they're subject to risks and uncertainties described in AT&T's SEC filings. Results may differ materially.
Additional information is available on the Investor Relations website. And as always, our earnings materials are on our website. With that, I'll turn the call over to John Stankey. John?
John Stankey -- Chief Executive Officer
Thanks, Amir, and good morning to all of you. I appreciate you joining us this morning. Two weeks ago, we reached a major milestone in the repositioning of our business with the completion of the WarnerMedia-Discovery transaction less than 11 months after announcing the deal. I'd like to thank everyone who played a role in getting this across the finish line in good time and with a little drama, just as we promised you.
I'd also like to share how proud we are of the entire WarnerMedia team. David inherits an organization with one of the best global portfolios of beloved intellectual property, a team with unparalleled talent, and one of the few truly global direct-to-consumer players, as evidenced by the continued growth in HBO Max and HBO subscribers which closed this quarter at nearly 77 million globally, up 3 million from last quarter and nearly 13 million year over year. We're excited about the potential for continued HBO Max growth as the service launches in more new territories. Warner Bros.
Discovery is well-positioned to lead the transformation we're seeing unfold across the media and entertainment landscape. And like many of my fellow AT&T shareholders who own a stake in this new and promising enterprise, we're excited to continue to watch their success and the value they create as one of the leading global media companies. So let me turn to AT&T and the new era and opportunities ahead of us. Our transaction marks a critical step in the repositioning of our business.