The stock market isn't having a great year, with the S&P 500 down 0.4% at the time of this writing. Not all companies have been equally affected by tariff announcements and the possibility of a recession, though. AT&T (T 0.83%) has been one of the better defensive stocks in 2025, as it's currently up 20.2% on the year.Some companies decide to split their stock after a big increase in share price. AT&T hasn't had a stock split in decades, so let's see if that's likely to change soon and where this telecom co ...

Core Viewpoint - AT&T is significantly enhancing its fiber internet strategy through a $5.75 billion acquisition of Lumen's Mass Markets fiber business, which will add approximately 1 million fiber subscribers and 4 million passed locations, expanding its presence in major metro areas [1][2]. Expansion Plans - Prior to the acquisition, AT&T aimed to pass 50 million fiber locations by the end of 2029; with the Lumen deal, this target has been raised to 60 million by the end of 2030, effectively doubling the current scale of its fiber network [2]. - The acquisition will allow AT&T to expand its fiber reach without incurring all the capital expenditures typically associated with such growth, as it plans to partner with an equity investor post-transaction [4][5]. Financial Strategy - AT&T intends to maintain a net debt to adjusted EBITDA ratio of around 2.5 after the Lumen deal closes and the equity partner is found, while also planning to repurchase $10 billion of its own shares through the end of 2026 [6]. - The company expects to generate free cash flow of at least $16 billion this year, with its stock trading at over 12 times free cash flow, indicating a solid value proposition despite not being as cheap as in previous years [11]. Growth Opportunities - Lumen's fiber business has a penetration rate of approximately 25%, significantly lower than AT&T's 40% and half of its long-term target of 50%. Improving this penetration rate presents a low-cost growth opportunity for AT&T [8]. - There is potential for AT&T to sell its wireless services to the 1 million acquired fiber customers, as about 40% of AT&T's fiber customers are also wireless customers, which could lead to lower churn and higher lifetime value [9]. Strategic Acquisition - The acquisition of Lumen's fiber assets provides AT&T with an immediate increase in fiber subscribers and a pathway to expand its fiber network beyond previous plans, while also ensuring financial prudence through equity partnerships [10].

Benefiting from strong demand for their wireless and broadband services, AT&T (T)  and Verizon (VZ)  stock have provided a pleasant hedge against market volatility this year.Not too far off their 52-week highs, AT&T’s stock is up +20% year to date, with Verizon shares sitting on respectable gains of +9% compared to the S&P 500 and the Nasdaq's declines of -1%.Image Source: Zacks Investment Research AT&T & Verizon’s 5G Growth Sparking investor interest in AT&T and Verizon stock is their continued expansion o ...

AT&T (T) Update / Briefing May 21, 2025 04:30 PM ET Speaker0 Thank you for standing by. My name is Tina and I will be your conference operator today. At this time, I would like to welcome everyone to the Lumen Forward Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Thank you. I would now like to turn the conference over to Jim Brie, Senior Vice President of Investor Relations. You may begin. Speake ...

T-Mobile, US, Inc. (TMUS) and AT&T (T) are dominant players in the telecommunications industry. Operating as one of the largest wireless service providers in North America, T-Mobile offers mobile voice, messaging and data services in the postpaid, prepaid and wholesale markets. Its business largely depends on its “Un-carrier Value Proposition,” which aims to enhance customer satisfaction by means of providing the latest products at cheaper rates and on uncomplicated terms and conditions.AT&T is also one of ...

Group 1 - AT&T Inc. offers 4.75% Depositary Shares, Series C, which provide a fixed-income-like security backed by a major telecommunications company in the US [1] - AT&T is recognized as a blue-chip telecom company, indicating its stability and reliability in the industry [1] Group 2 - The article does not provide any additional relevant information regarding the company or industry [2][3]

AT&T (T) FY 2025 Annual General Meeting May 15, 2025 04:30 PM ET Speaker0 Good afternoon. I'm Stacy Maris, senior vice president, secretary, and chief privacy officer at AT and T. Welcome to the AT and T twenty twenty five Annual Stockholders Meeting. Please note that today's meeting is being recorded. Before we get started, I'd like to call your attention to our safe harbor statement. Some of our comments today may be forward looking. As such, they're subject to risks and uncertainties referenced in our fi ...

DALLAS, May 15, 2025 /PRNewswire/ -- Final voting results will be posted to the AT&T Investor Relations website Key Takeaways: AT&T held its annual stockholder meeting on May 15. All 10 nominees to the company's board of directors were re-elected to a one-year term. Once final voting results are available, they will be filed with the SEC and posted on the AT&T Investor Relations website and on AT&T's proxy website.AT&T Inc. (NYSE: T) announced the preliminary results of its annual meeting of stockholders, w ...

AT&T Inc. (NYSE:T) JPMorgan 53rd Annual Global Technology, Media and Communications Conference Call May 13, 2025 8:50 AM ET Company Participants Jeff McElfresh - Chief Operating Officer Conference Call Participants Sebastiano Petti - JPMorgan Sebastiano Petti Good morning, everyone. I’m Sebastiano Petti and I cover the telecom, cable and satellite space for JPMorgan. I want to welcome Jeff McElfresh, COO of AT&T, for a long time and with AT&T for a very long time. Jeff, thank you for joining us today. Jeff ...

AT&T (T) FY Conference May 13, 2025 08:50 AM ET Speaker0 Good morning, everyone. I'm Sebastiano Petty, I cover the telecom cable and satellite space for JPMorgan. I wanna welcome Jeff McElfresh, COO of AT and T for a long time and with AT and T for a very long time. Jeff, thank you for joining us today. Speaker1 Yeah. Thanks for having us. Speaker0 I think you have a safe harbor. Speaker1 Yeah. Do actually. I gotta keep our IR team and attorneys happy. So before we begin, I'll call your attention to our saf ...