U.S. telecom giant AT&T said on Wednesday it would offer bill credits for network outages as part of a new initiative to attract customers, after the industry experienced several significant disruptions in 2024.
The announcement follows a year of high-profile internet blackouts that hit several companies.
AT&T: There Is Just So Much Riding On That Guide
AT&T (T) concluded the recent trading session at $22.60, signifying a -0.31% move from its prior day's close.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
AT&T's stock surged in H2 2024, meaningfully outperforming the market and peers like VZ. However, I am downgrading it to Sell. I detail why.
Some investors focus on growth; others seek out stocks that can deliver passive income.
The Chinese-linked Salt Typhoon cyberespionage operation targeted AT&T's systems, but the wireless carrier's U.S. networks are now secure as it works with law enforcement and government officials, the company said on Saturday in its first acknowledgment of the attacks.
AT&T's recent stock dip offers a buying opportunity, supported by strong Fiber Broadband growth and a promising free cash flow outlook. The Telco's aggressive Fiber expansion aims to increase Fiber-ready locations from 29 million in 2024 to over 50 million by 2029. AT&T's free cash flow is projected to grow by $1 billion annually until 2027, bolstering dividends, buybacks, and financial flexibility.
AT&T (T) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
AT&T (T) closed at $22.84 in the latest trading session, marking a +0.4% move from the prior day.
AT&T Fiber Expands Opportunities for Integrated Services. Reducing Debt and Growing Free Cash Flow. Business Wireline - Lower Demand for Legacy Voice and Data Services.