Exhibit 99.1

News Release

For more information, contact:

Name: McCall Butler

AT&T Corporate and Financial Communications

Phone: 470-773-5704

Email: mb8191@att.com

For holders of notes, contact:

Global Bondholder Services Corporation

Phone: (866) 470-3900 (toll free)

  (212) 430-3774 (collect)

AT&T INC. ANNOUNCES PRICING OF ITS ANY AND ALL TENDER OFFERS

Dallas, Texas, July 31, 2020 — AT&T Inc. (NYSE: T) (“AT&T”) announced today the pricing of its offers to purchase for cash any and all of the eighteen series of outstanding notes listed in the table below issued by AT&T or certain of AT&T’s wholly-owned subsidiaries. The tender offers described herein are being made on the terms and conditions set forth in the Offer to Purchase, dated July 27, 2020 (the “Offer to Purchase,” where such tender offers are described as the “Any and All Offers”) and, as applicable, the related notice of guaranteed delivery.

The table below sets forth the total consideration for each series of the notes listed below, as described in the Offer to Purchase.

Holders will also receive accrued and unpaid interest on the notes accepted for purchase from the last interest payment date for such notes to, but not including, the date AT&T makes payment for such notes, which is anticipated to be August 5, 2020.

The offers will expire at 5:00 p.m., New York City time, on July 31, 2020. The withdrawal deadline will occur at 5:00 p.m., New York City time, on July 31, 2020.

This press release is not an offer to sell or a solicitation of an offer to buy any of the securities described herein. The tender offers described herein are being made solely by the Offer to Purchase and any related notice of guaranteed delivery and only to such persons and in such jurisdictions as is permitted under applicable law.

Neither the communication of this press release, the Offer to Purchase or any other offer materials relating to the tender offers is being made, and such documents and/or materials have not been approved by an authorized person for the purposes of section 21 of the UK Financial Services and Markets Act 2000 (the “FSMA”). Accordingly, this press release, the Offer to Purchase and such documents and/or materials are not being distributed to, and must not be passed on to persons in the United Kingdom other than (a) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (b) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (such persons together being “relevant persons”). This press release and the Offer to Purchase are only available to relevant persons and the transactions contemplated herein will be available only to, or engaged in only with relevant persons, and must not be relied or acted upon by persons other than relevant persons.

Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are acting as the Joint-Lead Dealer Managers for the tender offers. For additional information regarding the terms of the offers, please contact Deutsche Bank Securities Inc. at (866) 627-0391 (toll free) or (212) 250-2955 (collect), Goldman Sachs & Co. LLC at (212) 902-6351 (collect) or by email at GS-LM-NYC@gs.com, J.P. Morgan Securities LLC at (866) 834-4666 (toll free) or (212) 834-3424 (collect) or Morgan Stanley & Co. LLC at (800) 624-1808 (toll free) or (212) 761-1057 (collect). Global Bondholder Services Corporation is acting as the tender agent and information agent for the tender offers. Questions or requests for assistance related to the tender offers or for additional copies of the Offer to Purchase or the related notice of guaranteed delivery may be directed to Global Bondholder Services Corporation at (866) 470-3900 (toll free) or (212) 430-3774 (collect). You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the tender offers. The Offer to Purchase and the related notice of guaranteed delivery can be accessed at the following link: https://gbsc-usa.com/registration/att.

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CAUTIONARY LANGUAGE CONCERNING FORWARD-LOOKING STATEMENTS

Information set forth in this news release contains forward-looking statements that are subject to risks and uncertainties, and actual results may differ materially. A discussion of factors that may affect future results is contained in AT&T’s filings with the Securities and Exchange Commission and the Offer to Purchase related to the tender offers. AT&T disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise.

Exhibit 99.2

News Release

For more information, contact:

Name: McCall Butler

AT&T Corporate and Financial Communications

Phone: 470-773-5704

Email: mb8191@att.com

For holders of notes, contact:

Global Bondholder Services Corporation

Phone: (866) 470-3900 (toll free)

  (212) 430-3774 (collect)

AT&T INC. ANNOUNCES EXPIRATION OF ITS ANY AND ALL TENDER OFFERS

AND UPSIZE OF ITS CAPPED TENDER OFFERS

ANY AND ALL OFFERS

Dallas, Texas, August 3, 2020 — AT&T Inc. (NYSE: T) (“AT&T”) announced today the expiration of its offers to purchase for cash any and all of the eighteen series of outstanding notes listed in the first table below issued by AT&T or certain of AT&T’s wholly-owned subsidiaries (the “Any and All Offers”). The Any and All Offers described herein were made on the terms and conditions set forth in the Offer to Purchase, dated July 27, 2020 (the “Offer to Purchase”) and the related notice of guaranteed delivery.

The Any and All Offers expired at 5:00 p.m., New York City time, on July 31, 2020. The settlement date for the Any and All Offers is expected to be August 5, 2020. AT&T expects to accept all of the notes listed below validly tendered. Holders will receive the applicable total consideration (as set forth in the Offer to Purchase) and accrued and unpaid interest from the last interest payment date for such notes to, but not including, the settlement date for the Any and All Offers.

The table below provides the aggregate principal amount of each series of notes validly tendered and not validly withdrawn at or prior to the expiration date for the Any and All Offers.

UPSIZE OF CAPPED TENDER OFFERS

AT&T also announced today the upsizing of its previously announced offers to purchase for cash three series of notes issued by AT&T and described in the table below (the “Capped Tender Offers”), on the terms and conditions set forth in the Offer to Purchase. In connection with this upsizing, AT&T has amended the terms of the Capped Tender Offers to increase the maximum aggregate principal amount of notes that may be tendered in the Capped Tender Offers. Except as described in this press release, the terms and conditions of the Capped Tender Offers remain unchanged. The Offer to Purchase can be accessed at the following link: https://gbsc-usa.com/registration/att.

As a result of such increase, the maximum aggregate principal amount of AT&T’s Floating Rate Global Notes due 2021 (July) that will be accepted in the Capped Tender Offers is $600,000,000 (the “2021 Notes Cap”); the maximum aggregate principal amount of AT&T’s Floating Rate Global Notes due 2024 that will be accepted in the Capped Tender Offers is $1,250,000,000 (the “2024 Notes Cap”); and the maximum aggregate principal amount of AT&T’s 3.400% Global Notes due 2025 that will be accepted in the Capped Tender Offers is $1,000,000,000 (such cap, together with the 2021 Notes Cap and the 2024 Notes Cap, the “Maximum Tender Amounts”). AT&T is offering to purchase, up to such Maximum Tender Amounts, the notes specified in the table below from the holders of any such notes. AT&T reserves the right, subject to applicable law, to further increase or to decrease any or all of the Maximum Tender Amounts.

Only holders of notes submitted in the Capped Tender Offers who validly tender their notes at or before 5:00 p.m., New York City time, on the early tender deadline of August 7, 2020, subject to any extension by AT&T, who do not validly withdraw their tenders and whose notes are accepted for purchase, will receive the applicable early tender premium set forth in the table above.

Holders of notes submitted in the Capped Tender Offers that are tendered following the early tender deadline, but at or prior to the expiration date for the Capped Tender Offers, subject to the tender in the applicable minimum denominations, and accepted for purchase will receive the applicable capped tender consideration. The applicable capped tender consideration will equal the applicable total consideration for notes tendered in the Capped Tender Offers minus the applicable early tender premium.

The Capped Tender Offers will expire at 11:59 p.m., New York City time, on August 21, 2020 unless extended or earlier terminated by AT&T. Tenders of notes submitted in the Capped Tender Offers may be validly withdrawn at any time at or prior to 5:00 p.m., New York City time, on August 7, 2020, subject to any extension by AT&T, but thereafter will be irrevocable, except in certain limited circumstances where additional withdrawal rights are required by law (as determined by AT&T).

The early settlement date with respect to notes submitted in the Capped Tender Offers that are validly tendered and not properly withdrawn at or prior to the early tender deadline, will be promptly following the early tender deadline and is expected to be August 12, 2020. The final settlement date with respect to notes submitted in the Capped Tender Offers that are validly tendered following the early tender deadline, but at or prior to the expiration date for the Capped Tender Offers, will be promptly following such expiration date and is expected to be August 26, 2020 (assuming the Maximum Tender Amounts of such notes are not purchased on the early settlement date).

TERMS OF THE CAPPED TENDER OFFERS

AT&T’s obligation to accept for payment and to pay for the notes validly tendered in the tender offers is subject to the satisfaction or waiver of the conditions described in the Offer to Purchase, including the completion of, and receipt of adequate gross proceeds from, AT&T’s concurrent registered public offering of senior notes, which AT&T announced on July 27, 2020. AT&T reserves the right, subject to applicable law, to: (i) waive any and all conditions to the tender offers; (ii) extend or terminate any or all of the tender offers; (iii) increase or decrease any or all of the Maximum Tender Amounts; or (iv) otherwise amend the tender offers in any respect.

Payments for notes that are accepted for purchase will include accrued and unpaid interest to, but not including, the applicable settlement date for such notes. Interest will cease to accrue on the applicable settlement date for such notes accepted for purchase. No further interest will be paid to the holders who tender such notes, including if a record date for an interest payment on such notes has passed before the applicable settlement date.

Holders are advised to check with any bank, securities broker or other intermediary through which they hold any of the Capped Tender Offer notes listed above as to when such intermediary needs to receive instructions from a holder in order for that holder to be able to participate in, or, where revocation is permitted, timely revoke their instruction to participate in the Capped Tender Offers. The deadlines set by each clearing system for the submission and withdrawal of tender instructions will also be earlier than the relevant deadlines specified herein and in the Offer to Purchase.

This press release is not an offer to sell or a solicitation of an offer to buy any of the securities described herein. The tender offers described herein were made solely by the Offer to Purchase and any related notice of guaranteed delivery and only to such persons and in such jurisdictions as is permitted under applicable law.

Neither the communication of this press release, the Offer to Purchase or any other offer materials relating to the tender offers is being made, and such documents and/or materials have not been approved by an authorized person for the purposes of section 21 of the UK Financial Services and Markets Act 2000 (the “FSMA”). Accordingly, this press release, the Offer to Purchase and such documents and/or materials are not being distributed to, and must not be passed on to persons in the United Kingdom other than (a) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (b) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (such persons together being “relevant persons”). This press release and the Offer to Purchase are only available to relevant persons and the transactions contemplated herein will be available only to, or engaged in only with relevant persons, and must not be relied or acted upon by persons other than relevant persons.

Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are acting as the Joint-Lead Dealer Managers for the tender offers. For additional information regarding the terms of the Capped Tender Offers, please contact Deutsche Bank Securities Inc. at (866) 627-0391 (toll free) or (212) 250-2955 (collect), Goldman Sachs & Co. LLC at (212) 902-6351 (collect) or by email at GS-LM-NYC@gs.com, J.P. Morgan Securities LLC at (866) 834-4666 (toll free) or (212) 834-3424 (collect) or Morgan Stanley & Co. LLC at (800) 624-1808 (toll free) or (212) 761-1057 (collect). Global Bondholder Services Corporation is acting as the tender agent and information agent for the tender offers. Questions or requests for assistance related to the Capped Tender Offers or for additional copies of the Offer to Purchase may be directed to Global Bondholder Services Corporation at (866) 470-3900 (toll free) or (212) 430-3774 (collect). You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Capped Tender Offers. The Offer to Purchase can be accessed at the following link: https://gbsc-usa.com/registration/att.

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CAUTIONARY LANGUAGE CONCERNING FORWARD-LOOKING STATEMENTS

Information set forth in this news release contains forward-looking statements that are subject to risks and uncertainties, and actual results may differ materially. A discussion of factors that may affect future results is contained in AT&T’s filings with the Securities and Exchange Commission and the Offer to Purchase related to the tender offers. AT&T disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise.