ISSUER:

TITLE OF SECURITIES:

TRADE DATE:

SETTLEMENT DATE (T+10):

MATURITY DATE:

AGGREGATE PRINCIPAL AMOUNT OFFERED:

PRICE TO PUBLIC (ISSUE PRICE):

GROSS SPREAD:

PRICE TO AT&T:

NET PROCEEDS:

USE OF PROCEEDS:

INTEREST RATE:

INTEREST PAYMENT DATES:

DENOMINATIONS:

DAY COUNT FRACTION:

OPTIONAL REDEMPTION:

We have the option to redeem all, but not less than all, of the Notes then outstanding on each February 12 on or after February 12, 2017 (each, a “Redemption Date”). In addition, on the first Redemption Date on which we opt to redeem Notes, we also have the option to instead only redeem 50% of the aggregate principal amount of the Notes then outstanding. If we opt to redeem 50% of the aggregate principal amount of the Notes then outstanding on a Redemption Date, any remaining Notes can be redeemed at our option on a future Redemption Date in whole but not in part. Any redemption described in this paragraph must be on not less than 30 nor more than 60 days’ notice and will be at a redemption price equal to 100% of the principal amount of the Notes being redeemed plus accrued and unpaid interest to the date of redemption.

In addition, we may at any time purchase the Notes by tender, in the open market or by private agreement, subject to applicable law.

If less than all of the Notes are to be redeemed, the Notes to be redeemed shall be selected by the trustee, pro rata, in a manner that it deems fair and appropriate in accordance with applicable depositary procedures.

REDEMPTION FOR CHANGES IN TAX LAW:

INDENTURE AND RANKING:

RATINGS:

JOINT BOOKRUNNERS:

GLOBAL STRUCTURING AGENT AND COORDINATOR:

JUNIOR STRUCTURING AGENTS:

STRUCTURING AGENTS’ COMMISSION:

ISIN NUMBER:

LISTING:

ROC SELLING RESTRICTIONS:

REFERENCE DOCUMENT: