AT&T Inc. provides telecommunications, media, and technology services worldwide. Its Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, and carrying cases and hands-free devices through its own company-owned stores, agents, and third-party retail stores. It also provides data, voice, security, cloud solutions, outsourcing, and managed and professional services, as well as customer premises equipment for multinational corporations, small and mid-sized businesses, governmental, and wholesale customers. In addition, this segment offers broadband fiber and legacy telephony voice communication services to residential customers. It markets its communications services and products under the AT&T, Cricket, AT&T PREPAID, and AT&T Fiber brand names. The company's Latin America segment provides wireless services in Mexico; and video services in Latin America. This segment markets its services and products under the AT&T and Unefon brand names. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in 2005. AT&T Inc. was incorporated in 1983 and is headquartered in Dallas, Texas.
5G stocks have an increasingly bad rap, as initial trends (reminiscent of blockchain enthusiasm, then artificial intelligence exuberance) pointed to every 5G company as a millionaire-maker. But, just as we saw with blockchain and are starting to see with AI, only a handful of companies are truly innovative and worth buying for the long-term: the rest are riding the tailcoats of others' initiatives.
The Federal Communications Commission has leveraged nearly $200 million in fines against wireless carriers AT&T, Sprint, T-Mobile and Verizon for illegally sharing customers' location data without their consent.
AT&T Q1 earnings missed revenue expectations by $510 million, but postpaid subscriber adds were strong. Fiber net adds exceeded expectations for the 17th consecutive quarter. While earnings matter, this is an income name, so cash flow is king.
The rise of artificial intelligence (AI) has most of Wall Street seeing big dollar signs. Despite Nvidia's phenomenal growth, three top-tier billionaire investors each sold more than 1 million shares of this AI titan in the December-ended quarter.
Over time, the stock market is a fortune-building machine. Generational wealth has been created by betting on the long-term growth of stocks and the American economy they represent.
The Federal Communications Commission fined the largest U.S. wireless carriers nearly $200 million for illegally sharing access to customers' location information.
Following a bullish call from the Street, Ben Lichtenstein sticks to the technical picture of AT&T's chart. Find out what's moving the telecom-giant to begin the week.
Giant U.S. cigarette maker Altria has a 9.3% yield and a business that's slowly dying. AT&T has a 6.7% yield, a lot of debt, and a dominant business position.