AT&T, IBD Stock Of The Day, Near Buy Point After Surging On Earnings

amortization."Further, AT&T recently closed the acquisition of Lumen Technologies' (LUMN) consumer fiber- optic network business, which serves 4 million homes, for $5.5 billion.Also, AT&T continues to invest in wireless spectrum. AT&T in 2025 agreed to buy wireless spectrum licenses from EchoStar (SATS) in a $23 billion, all-cash deal, which is expected to close by midyear. AT&T will acquire roughly 30 MHz of nationwide 3.45 GHz midband spectrum and roughly 20 MHz of nationwide 600 MHz low-band spectrum.Fol ...