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AT&T says hackers stole the call and text records of almost all of its wireless customers
Business Insider· 2024-07-12 11:37
AT&T says hackers stole call and text records from "nearly all" of its wireless customers.The data includes the phone numbers that customers interacted with.It doesn't include the contents of the calls and texts, or Social Security numbers, AT&T said. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clic ...
AT&T Addresses Illegal Download of Customer Data
Prnewswire· 2024-07-12 10:34
AT&T is working with law enforcement in its efforts to arrest those involved in the incident. For more information, visit att.com/DataIncident.DALLAS, July 12, 2024 /PRNewswire/ -- In April, AT&T (NYSE:T) learned that customer data was illegally downloaded from our workspace on a third-party cloud platform. We launched an investigation and engaged leading cybersecurity experts to understand the nature and scope of the criminal activity. We have taken steps to close off the illegal access point. We are worki ...
AT&T says criminals stole phone records of ‘nearly all' customers in new data breach
TechCrunch· 2024-07-12 10:27
U.S. phone giant AT&T confirmed Friday it will begin notifying millions of consumers about a fresh data breach that allowed cybercriminals to steal the phone records of “nearly all” of its customers, a company spokesperson told TechCrunch.In a statement, AT&T said that the stolen data contains phone numbers of both cellular and landline customers, as well as AT&T records of calls and text messages — such as who contacted who by phone or text — during a six-month period between May 1, 2022 and October 31, 20 ...
AT&T stock price analysis: steady dividend, rating upgrade
Invezz· 2024-07-10 04:02
AT&T (NYSE: T) stock price has staged a strong comeback in the past few months, making it one of the best telecom companies in the US. It bottomed at $12.75 in July last year to almost $20 today. This recovery has brought its market cap to over $134 billion.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.AT&T turnaround is underwayCopy link to sectionAT&T, one of the biggest companies in the telecom industry, has gone through major upheavals in the pa ...
AT&T: A Wonderful Case For Dividend Investors
Seeking Alpha· 2024-07-09 00:48
LindaJoHeilman/iStock Editorial via Getty Images December last year, I issued a bull thesis on AT&T Inc. (NYSE:T) arguing that the then-current dividend as well as the overall investment case from a total return perspective seem attractive enough to warrant a buy. There were three fundamental drivers behind this: Depressed multiples at levels that are characteristic for companies with inherently volatile cash flows. Improving free cash flow generation due to a more balanced CapEx agenda in combination ...
AT&T: Let Your Profit Run
Seeking Alpha· 2024-07-08 17:27
yurizT stock may have reached an inflection point I have been bullish on AT&T (NYSE:T) in the past year or so (see the next chart below). The key reason for my bullish view is its turnaround plan. For example, I last wrote on it about three months ago. That article, entitled Sensing An Inflection Point Approaching, argues for a bullish thesis based on the following considerations: I see good catalysts for it to reach the 2024 FCF promise of $17 billion-$18 billion. Reaching this goal could allow it to b ...
Billionaires Are Buying Up Beaten-Down AT&T Stock. Should Dividend-Seeking Investors Follow Their Lead?
The Motley Fool· 2024-07-08 09:39
The telecom giant hasn't increased its dividend in a couple of years, but steady raises could be around the corner.Billionaire investors don't necessarily need quarterly payments from dividend stocks to cover their day-to-day expenses, but they buy them anyway. That's because businesses that distribute a portion of their profit to shareholders tend to outperform businesses that haven't made such a commitment.History says buying dividend payers can help your portfolio outperform the broad market. Between 197 ...
Turning The Ship At AT&T
Seeking Alpha· 2024-07-08 01:40
jetcityimage A Brighter Day? We first covered AT&T (NYSE:T) on July 18, 2023 (you can read that article here). At the time, we were optimistic about AT&T's ability to perform better than what the swirl of negative headlines around them would indicate. As luck would have it, the day we published the article was the same day the stock tagged a 20-year low of $13.43. T vs SPY since July 18, 2023 (Koyfin) On a total return basis, AT&T has handily beaten the broader S&P 500 (SPY), delivering a 46% return aga ...
Telecom Stocks Set To Soar: Goldman Sachs Previews Verizon, AT&T, T-Mobile's Upcoming Earnings
Benzinga· 2024-07-02 18:52
Loading...Loading...The wireless telecom sector is heating up. Solid results are expected to drive stock prices higher as positive market growth, competitive dynamics and pricing actions set the stage for a bullish performance from the major players: Verizon Communications Inc VZ, AT&T Inc T and T-Mobile US Inc TMUS.Here’s a look at what Goldman Sachs' analyst James Schneider expects from these companies in the upcoming quarter.Verizon Leads The PackTop Pick for the Quarter: Verizon is Goldman's top pick fo ...
Can Retirees Still Trust AT&T's 5.8% Dividend Yield?
The Motley Fool· 2024-07-02 11:00
The company is rebuilding its dividend reputation after cutting the payout in 2022.U.S. wireless carrier AT&T (T -0.68%) is a polarizing stock among investors. Shares are down nearly 30% in price over the past decade, which is a tough pill to swallow. However, include AT&T's famous high-yielding dividend and shares generated a 50% positive return.Indeed, dividends can have a powerful impact on investment returns.Moreso than returns, retirees depend on dividends for the passive income they offer, which can h ...