Core Viewpoint - The stock market is facing challenges in 2025, with the S&P 500 down 0.4%, but AT&T has shown resilience, up 20.2% year-to-date, making it a defensive investment option [1][8]. Company Performance - AT&T has not conducted a stock split in decades, with its last forward splits occurring in 1987, 1993, and 1998, and a reverse split in 2002 [4][6]. - The company is not in a position to require a stock split, as its shares are under $30, making them affordable [6]. - AT&T announced plans to return $40 billion to shareholders through 2027, split equally between dividends and share buybacks, enhancing shareholder value [7]. Revenue and Financials - In Q1 2025, AT&T reported $21.6 billion in revenue, with 77% ($16.7 billion) coming from services, and an operating income of $6.7 billion, reflecting a 2.4% year-over-year increase [9]. - The company has improved its balance sheet by reducing net debt by $32 billion since 2020, following challenges from previous media acquisitions [11]. Subscriber Growth - AT&T added 324,000 postpaid phone customers in Q1 2025, outperforming Verizon, which lost 289,000 customers, but lagging behind T-Mobile, which added 495,000 [12]. Investment Considerations - AT&T is suitable for investors seeking stability, with a forward price-to-earnings ratio under 14 and a high dividend yield of 4% [13][14]. - The company cut its dividend in 2022 to manage cash flow and reduce debt, but plans to spend $20 billion on dividends through 2027, indicating potential for future increases [14]. - Despite its recent outperformance, AT&T has historically underperformed the S&P 500 over the last three, five, and ten years, making it less attractive for growth-focused investors [15].

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].

Company Overview - Verizon Communications Inc. generated revenues of $134.8 billion in 2024, serving millions of customers globally and nearly all of the Fortune 500 [3]. Upcoming Events - Frank Boulben, senior vice president and chief revenue officer for the Consumer Group of Verizon, is scheduled to speak at the Cowen Technology, Media & Telecom Conference on May 28, 2025, at 10:15 a.m. ET, with his remarks available via webcast [1]. Financial Information - For details on Verizon's most recent financial results, the company's 1Q25 earnings results are available [2].

CHICAGO, May 22, 2025 /PRNewswire/ -- The board of directors of Telephone and Data Systems, Inc. (NYSE: TDS), a leading provider of telecommunications services, has declared second quarter 2025 dividends on its Common Shares, Series A Common Shares, Series UU Preferred Shares and Series VV Preferred Shares. TDS is paying a quarterly dividend of $0.04 per Common Share and Series A Common Share payable on June 30, 2025, to holders of record on June 16, 2025. TDS is paying a quarterly dividend of $414.0625 per ...

Core Insights - Dycom Industries reported revenue of $1.26 billion for the quarter ended April 2025, marking a year-over-year increase of 10.2% [1] - The company's EPS for the same period was $2.09, slightly down from $2.12 a year ago, but exceeded the consensus estimate of $1.60 by 30.62% [1] - The revenue surpassed the Zacks Consensus Estimate of $1.2 billion, resulting in a surprise of 5% [1] Financial Performance - The backlog for Dycom Industries stands at $8.13 billion, exceeding the average estimate of $7.47 billion based on two analysts [4] - Revenue from Lumen Technologies (CenturyLink) was reported at $125.20 million, which is a decline of 20.2% year over year and below the average estimate of $151.63 million [4] - Revenue from AT&T Inc was reported at $325.10 million, reflecting a significant increase of 50.9% year over year and surpassing the average estimate of $259.41 million [4] Stock Performance - Dycom Industries shares have returned +39.4% over the past month, outperforming the Zacks S&P 500 composite's +13.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Core Insights - Vodafone has been undergoing a restructuring process aimed at improving its fundamentals, but these efforts have not positively impacted its share price [1]. Company Overview - Vodafone is listed on NASDAQ under the ticker VOD and also trades on the OTC market as VODPF [1]. Analyst Background - The analysis is provided by a fund manager/analyst with over 18 years of experience in the financial markets, specifically in the financial sector and portfolio management [1].

Revenue for Q1 FY2026 rose 10.2% year-over-year, with a record backlog of $8.1 billion as of quarter-end, and management raising full-year revenue guidance.Dycom Industries, Inc. (DY 15.69%) reported first quarter fiscal 2026 earnings on May 21, 2025, surpassing the high end of its guidance across revenue, adjusted EBITDA (non-GAAP), and EPS. Revenue reached $1.26 billion, while adjusted EBITDA was $150.4 million (11.9% margin), and net income stood at $61 million. Management raised full-year revenue guidan ...

智能调度：全时段精准护航 近日，吾爱枣庄音乐盛典在枣庄市民中心体育场热忱开唱，枣庄联通以专业高效的通信保障服务，圆满 完成此次演唱会的通信保障任务。 提前部署：全维度网络攻坚 枣庄联通充分发挥党员先锋模范作用，积极组建"党员先锋专项保障团队"，将党建工作与通信保障任务 深度融合。团队秉持"人民邮电为人民"的初心使命，累计完成12轮场馆及周边实地走访勘察，标记信号 薄弱点3处；依托大数据技术开展流量峰值预测，以党建引领技术攻坚，组织党员技术骨干带头实施网 络升级工程，针对性升级24个基站设备、新增载波24个，并部署 2 辆应急通信车，构建起"基站+车 载"立体覆盖网络，让党旗在通信保障一线高高飘扬。 保障成效：全场景通信无忧 通过一周的优化调整，演唱会开始1.5个小时后现场网络实测5G下载速率达到232.92Mb，上传速率达 136.76Mb，视频直播、通话等业务零卡顿，累计支撑2.3万名观众实时分享演出内容，社交媒体互动量 突破100万次，实现 "零故障、零投诉"目标。 未来，枣庄联通将持续优化重大活动保障机制，以"技术+服务" 双轮驱动，为城市数字化场景提供更可 靠的通信支撑。 （任雯） 优化核心网参数12 ...

Millicom (Tigo) to Acquire Telefónica’s Operations in Uruguay for USD 440 Million, Expanding Presence in South America Key Highlights: Acquisition strengthens Millicom’s presence and scale across South America.Expected to be EFCF accretive starting in 2026.Diversifies Millicom’s cash flow sources in a country with a favorable macroeconomic outlook and investment-grade credit rating.Significant synergies anticipated across network, operations, and commercial integration.Positive market outlook supported by a ...