ATT Inc. (NYSE:T) late Tuesday posted better than expected second quarter earnings results, driven by strong customer additions to its wireless services.

ATT Inc. (T) Q2 Profit & Revenue Beat The Street Amid Strong Wireless Adds

AT&T Inc. (T) Q2 Profit & Revenue Beat The Street Amid Strong Wireless Adds

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ATT Inc. (NYSE:T) late Tuesday posted better than expected second quarter earnings results, driven by strong customer additions to its wireless services.

The Dallas-based telecom giant, which is in the midst of a takeover deal to buy Time Warner, reported Q2 earnings per share (EPS) of $0.79, which was $0.05 better than the Wall Street consensus estimate of $0.74.

Revenues fell 1.6% from last year to $39.84 billion, right in-line with analysts’ view for $39.84 billion.



ATT Inc

AT&T also noted 2.8 million wireless net adds, 2.3 million of which were in the United States. T noted the uptick was driven by connected devices, prepaid and postpaid plans, along with 476,000 Mexico net adds.

The company commented via press release:

“[I]n a quarter where our competitors used promotions aggressively, we added more than 500,000 branded smartphones to our base and more than 100,000 IP broadband subscribers, achieved record EBITDA wireless margins and had the lowest postpaid phone churn in our history. We continue to expect the Time Warner (TWX) deal to close by year-end and further transform the company.”

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Major Telcom Stocks ( T stock )   ( VZ ) ( TMUS ) ( TWX )  ( CMCSA) ( SSNLF ) ( AAPL )



Buz Investors Technical Breakout The other morning, as I was doing my daily scan for stocks that were on the move, I stumbled upon AT&T Inc. (NYSE:T) stock

AT&T earnings: 74 cents per share, vs expected EPS of 74 cents

AT&T Reports First-Quarter Results




BUZ INVESTORS PRESS RELEASE AT&T earnings    AT&T Inc. (NYSE:T) today announced continued adjusted margin expansion and solid adjusted earnings growth for the first quarter. The quarter also was marked by several decisive strategic moves that helped broaden the company’s spectrum portfolio.

“In a very competitive quarter, we continued to execute on our goals of driving efficiencies in our business while growing adjusted earnings per share. But just as important, the strategic moves we’ve made over the last few months to expand our wireless capacity and fortify our 5G leadership will be felt for years to come,” said Randall Stephenson, AT&T Chairman and CEO. “FirstNet gives us access to 20 megahertz of valuable, low-band spectrum and allows us to deploy our spectrum assets more efficiently as we build a high-quality, mobile broadband network for our first responders. And our planned acquisitions of Fiber Tower and Straight Path will add valuable millimeter wave spectrum assets to our 5G tool kit as we lead the way to the next generation of wireless technology.”



AT&T earnings

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Consolidated Financial Results

AT&T’s consolidated revenues for the first quarter totaled $39.4 billion versus $40.5 billion in the year-ago quarter, primarily due to record-low equipment sales in wireless. Compared with results for the first quarter of 2016, operating expenses were $32.5 billion versus $33.4 billion; operating income was $6.9 billion versus $7.1 billion; and operating income margin was 17.4% versus 17.6%. When adjusting for amortization, merger- and integration-related and other items, operating income was $8.2 billion versus $8.1 billion; and operating income margin was 20.7%, up 80 basis points versus the year-ago quarter.

First-quarter net income attributable to AT&T totaled $3.5 billion, or $0.56 per diluted share, compared to $3.8 billion, or $0.61 per diluted share, in the year-ago quarter. Adjusting for $0.18 of costs for amortization, merger- and integration-related and other items, earnings per diluted share was $0.74 compared to an adjusted $0.72 in the year-ago quarter.

Cash from operating activities was $9.2 billion in the first quarter, and capital expenditures were $6.0 billion. Free cash flow — cash from operating activities minus capital expenditures — was $3.2 billion for the quarter.

Updated 2017 Outlook

The company is updating its 2017 guidance. On a business as usual basis without the impact of Time Warner, AT&T expects:

  • Adjusted EPS growth in the mid-single digit range
  • Adjusted operating margin expansion
  • Capital expenditures in the $22 billion range
  • Free cash flow in the $18 billion range

The company is no longer providing consolidated revenue guidance primarily due to the unpredictability of wireless handset sales.

Adjustments include non-cash mark-to-market benefit plan gain/loss, merger integration and amortization costs and other adjustments. Traditionally, the mark-to-market adjustment is the largest item, which is driven by interest rates and investment returns that are not reasonably estimable at this time.  We expect amortization to be lower in 2017 compared to 2016.

AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

About AT&T

AT&T Inc. (NYSE:T) helps millions around the globe connect with leading entertainment, business, mobile and high speed internet services. We offer the nation’s best data network* and the best global coverage of any U.S. wireless provider.** We’re one of the world’s largest providers of pay TV. We have TV customers in the U.S. and 11 Latin American countries. Nearly 3.5 million companies, from small to large businesses around the globe, turn to AT&T for our highly secure smart solutions.

Additional information about AT&T products and services is available at about.att.com. Follow our news on Twitter at @ATT, on Facebook at facebook.com/att and YouTube at youtube.com/att.

© 2017 AT&T Intellectual Property. All rights reserved. AT&T, the Globe logo and other marks are trademarks and service marks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.

*Claim based on the Nielsen Certified Data Network Score. Score includes data reported by wireless consumers in the Nielsen Mobile Insights survey, network measurements from Nielsen Mobile Performance and Nielsen Drive Test Benchmarks for Q3+Q4 2016 across 121 markets.

**Global coverage claim based on offering discounted voice and data roaming; LTE roaming; and voice roaming in more countries than any other U.S. based carrier. International service required. Coverage not available in all areas. Coverage may vary per country and be limited/restricted in some countries.Like up on FACEBOOK

Major Telcom Stocks ( T stock )   ( VZ ) ( TMUS ) ( TWX )  ( CMCSA) ( SSNLF ) ( AAPL )




Buz Investors Technical Breakout The other morning, as I was doing my daily scan for stocks that were on the move, I stumbled upon AT&T Inc. (NYSE:T) stock

AT&T Stock is on the Brink of a Technical Breakout

T Stock is Technically Perfect

Buz Investors Technical Breakout The other morning, as I was doing my daily scan for stocks that were on the move, I stumbled upon AT&T Inc. <span data-recalc-dims=(NYSE:T) stock" width="300" height="182" srcset="https://i0.wp.com/investorsbuz.com/wp-content/uploads/2017/03/ATT-stock-300x182-Small.jpg?resize=300%2C182 300w, https://i0.wp.com/investorsbuz.com/wp-content/uploads/2017/03/ATT-stock-300x182-Small.jpg?resize=768%2C466 768w, https://i0.wp.com/investorsbuz.com/wp-content/uploads/2017/03/ATT-stock-300x182-Small.jpg?w=791 791w" sizes="(max-width: 300px) 100vw, 300px" />

Buz Investors Technical Breakout The other morning, as I was doing my daily scan for stocks that were on the move, I stumbled upon AT&T Inc. (NYSE:T) stock, and I was quite surprised.

AT&T stock contains certain characteristic that I look for in a potential investment. These characteristics are used to generate an investment view that is either bullish or bearish, indicating my belief that the stock price will either appreciate or depreciate. After studying the price chart, I have come to the conclusion that the bullish trend in T stock is intact and that higher stock prices are likely.



OTHER STORIES BUZ TRADERS FOLLOW

Technical Breakout

Using a price chart to generate an investment view is within the context of technical analysis. This method of investment analysis is based on the notion that historical price and volume data can be used to discern trends and forecast future stock prices. I have been using this method for nearly two decades and I have had great success in applying it to my trading strategies.

A bearish cross was generated in 1999, 2008, and 2013, indicating that bearish momentum was propelling T stock and, as a result, the path of least resistance was geared toward lower prices. This indicator smartly confirmed the notion that lower prices were set to prevail, and it would have proven wise to avoid this investment when a bearish cross was engaged.

This same indicator produced a bullish cross in 2003, 2009, and 2015, indicating that bullish momentum is propelling AT&T stock and that, as a result, the path of least resistance was geared toward higher prices. This indicator proved once again that, when a bullish cross is engaged, higher prices will prevail. The indicator also implied that being long on the stock is the best course of action.

Tech Stocks ( GOOG)   (MSFT ) ( AAPL ) (BBRY ) ( gopro )  ( WDC )




AT&T agrees in principle to buy Time Warner for $85 billion

AT&T agrees in principle to buy Time Warner for $85 billion

AT&T agrees in principle to buy Time Warner for $85 billion

  • AT&T agrees  AT&T Inc (T.N) has reached an agreement in principle to buy Time Warner Inc (TWX.N) for about $85 billion, sources said on Friday, paving the way for what would be the biggest deal in the world this year, giving the telecom company control of cable TV channels HBO and CNN, film studio Warner Bros and other coveted media assets.
  • The deal, which has been agreed on most terms and could be announced as early as Sunday, would be one of the largest in recent years in the sector as telecommunications companies look to combine content and distribution to capture customers
  • AT&T, which sells wireless phone and broadband services, has already made moves to turn itself into a media powerhouse, buying satellite TV provider DirecTV last year for $48.5 billion.

AT&T agrees

AT&T agrees in principle to buy Time Warner for $85 billion

AT&T agrees AT&T will pay $110 per Time Warner share in cash and stock, or about $85 billion overall, sources told Reuters. It will need to line up financing to pay for the deal, since it only has $7.2 billion in cash on hand. This could put pressure on its credit rating as it already has $120 billion in net debt as of June 30, according to Moody’s.

Time Warner’s shares rose almost 8 percent in regular trading, and a further 3.4 percent after hours, to $92.50, giving it a market value of about $73 billion. AT&T closed down 3 percent at $37.49.

Time Warner is a major force in movies, TV and video games. Its assets include the HBO, CNN, TBS and TNT networks as well as the Warner Bros film studio, producer of the “Batman” and “Harry Potter” film franchises. The company also owns a 10 percent stake in video streaming site Hulu.

Time Warner Chief Executive Jeff Bewkes rejected an $80 billion offer from Twenty-First Century Fox Inc (FOXA.O) in 2014, but sources said on Friday that the former suitor had no plans to renew its bid.

AT&T Inc.: T Stock May Have Upside Despite Dreary Summer

AT&T Inc.: T Stock May Have Upside Despite Dreary Summer

AT&T Inc.: T Stock May Have Upside Despite Dreary Summer

  • Buz Traders T Stock May Have Upside It certainly was not a summer to remember for AT&T Inc. (NYSE:T), with an embarrassing drop in AT&T stock value coupled with a great deal of indifference from analysts and a few unfortunate headlines.
  • As a company that has raised its dividends every year for the past 32 years, it is hard to imagine AT&T stock beset with woes. But since July, T stock has lost 7.7% of its value, and this comes despite having a 4.8% dividend yield.
  • Analysts trying to predict the future for AT&T stock have not exactly been—to borrow a line from Alan Greenspan—irrationally exuberant. On August 29, 24 analysts weighed in on a price target

T Stock May Have Upside  Still Plugged In

T Stock May Have Upside

T Stock May Have Upside  After the public interest group National Digital Inclusion Alliance started a media campaign highlighting how the AT&T refused to follow federal mandates and provide discounted broadband service to many low-income neighborhoods, the company initially balked at changing its service offerings. AT&T later did an abrupt about-face on its offerings to the nation’s poorest communities. (Source: “AT&T to change policy of charging poor customers more for super-slow internet,” CNN, September 9, 2016.)

But analyst skepticism and hiccups of bad press have hardly made a dent in AT&T’s operations. If anything, the company is still on track to expand its presence as a U.S. telecom giant.

 Other Stories Buz Investors pass along

Most notably, the company’s acquisition of DirecTV (NASDAQ:DTV), in a $49.0-billion transaction completed in July 2015, is bringing a new degree of excitement and attention to AT&T stock. CEO Randall Stephenson, speaking last week at the Goldman Sachs Group Inc (NYSE:GS)Communacopia conference, previewed the streaming service “DirecTV Now” which is being positioned to offer more than 100 channels at a “very, very aggressive price point” that is lower than traditional TV service. (Source: “AT&T to Challenge Netflix, HBO With DirecTV Now,” PC Magazine, September 22, 2016.)

AT&T has also recently debuted “Project AirGig,” a technology to deliver multi-gigabit-per-second wireless Internet speeds over power lines. AirGig, which is being tested in what the company defined as “select cities and countries,” is an uncommonly bold telecommunications step, considering the evaporating enthusiasm that many industry experts have regarding broadband-over-power-line services. (Source: “AT&T Touts AirGig, Wireless Broadband Over Power Lines,”Investor’s Business Daily, September 20, 2016.)

Buz Investors: T Stock AT&T Inc Delivers MarketBeating Returns

Buz Investors: T Stock AT&T Inc Delivers MarketBeating Returns

Buz Investors: T Stock AT&T Inc Delivers MarketBeating Returns

  •  AT&T Inc Delivers MarketBeating Returns Buz Investors Want to Know  (NYSE:T) is a rock-solid dividend stock with 31 years of dividend payment history. When looking for a stock that not only sends its investors a dividend check, but also offers them the potential for capital gains, AT&T stock fits the bill.
  • Let’s look at some of the major developments that boosted the value of T stock this year and handed investors a hefty 18% return, beating all the major indices and the company’s close rival, Verizon Communications Inc. (NYSE: VZ).
  • One year after its $48.5-billion takeover of DirecTV, AT&T has started to reap the benefits of this integration. With DirecTV under its belt, AT&T has become the largest pay-TV operator in the U.S.

AT&T Inc Delivers MarketBeating Returns A Growing Global Customer Base

Buz Investors: T Stock AT&T Inc Delivers MarketBeating Returns

AT&T Inc Delivers MarketBeating Returns DirecTV is the biggest purchase for AT&T since it acquired BellSouth Corp. for $66.0 billion in 2007. After its setback in 2011, when the telecom regulator disapproved AT&T’s $39.0-billion planned takeover of T-Mobile US Inc., acquiring DirecTV is proving a good bet. And it’s changing the fortunes for the second-biggest U.S. carrier.

DirectTV added a net 910,000 customers over the past year, now making up 81% of AT&T’s total TV subscribers, as of the end of June 2016.

Another important and unique feature for investing in T stock is its diversified revenue base, which is the result of AT&T’s massive international expansion, giving it a strong foothold in the fast-growing South American markets.

 Other Stories you might like

Last year, AT&T completed its acquisition from NII Holdings, Inc. of companies operating under Nextel Mexico. Earlier in 2015, AT&T acquired Mexican wireless provider Iusacell as part of its strategy to create the first-ever North American Mobile Service area, which will cover more than 400 million consumers and businesses in Mexico and the U.S. (Source: “AT&T Completes Acquisition of Nextel Mexico,” AT&T Newsroom, April 30, 2015.)

With this impressive performance and a solid expansion strategy, AT&T stock looks to be a prime example of a good long-term investment for Buz investors who want to grow their capital and earn a decent dividend in their golden age.

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NII Holdings Announces Completion of Nextel Mexico Sale to AT&T

NII Holdings Announces Completion of Nextel Mexico Sale to AT&T

NII Holdings Announces Completion of Nextel Mexico Sale to AT&T

– NII Holdings completes sale of Nextel Mexico to AT&T for $1.875 billion

– Completed transaction represents important step in NII’s U.S. reorganization plan

NII Holdings Announces Completion of Nextel Mexico Sale to AT&T

RESTON, Va., April 30, 2015 /PRNewswire/ — NII Holdings, Inc. today announced it has completed the previously announced sale of its Mexican operations to AT&T (NYSE: T) for an aggregate purchase price of $1.875 billion, subject to customary post-closing adjustments.  After deducting Nextel Mexico’s outstanding indebtedness net of its cash balance and applying estimates of other specified purchase price adjustments at closing, NII received$1.448 billion of net proceeds, including $187.5 million of cash placed in escrow to secure specified indemnity obligations. The Company used $350.5 million of the net proceeds from the sale to repay in full the outstanding principal and accrued interest due under its debtor-in-possession loan that it borrowed in March 2015.

The transaction, which was structured as a sale of the parent company of Nextel Mexico, was completed as part of NII’s broader debt restructuring efforts.  A portion of the net proceeds from the transaction will be used to support NII’s operations in Brazil and the remainder will be used to fund distributions to specified creditors, pursuant to the proposed plan of reorganization in the Chapter 11 bankruptcy proceedings of NII and certain of its subsidiaries, that is pending before the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”).  The plan of reorganization remains subject to the approval of the creditors in the bankruptcy proceedings and the approval of the Bankruptcy Court.

“This sale represents an important step forward as we look to emerge from Chapter 11 reorganization as a stronger, healthier company that is positioned to compete in Brazil’s wireless marketplace,” said Steve Shindler, NII’s chief executive officer. “This deal strengthens our liquidity position as we pursue growth opportunities in Brazil and build value in our business over the long-term.”

“We are proud of the success that our team in Mexico has achieved as a part of our company for 18 years, and we are grateful to all of our employees there for their dedication and service,” added Shindler.

About NII Holdings, Inc.
NII Holdings, Inc., a publicly held company based in Reston, VA, is a provider of differentiated mobile communication services for businesses and high value consumers. NII Holdings, operating under the Nextel brand in Brazil and Argentina, offers fully integrated wireless communications tools with digital cellular voice services, data services, wireless Internet access and Nextel Direct Connect® and International Direct ConnectSM, a digital two-way radio. NII Holdings has been named one of the best places to work among multinationals in Latin Americaby the Great Place to Work® Institute. Visit the Company’s website at www.nii.com.

Nextel, the Nextel logo and Nextel Direct Connect are trademarks and/or service marks of Nextel Communications, Inc.

AT&T Declares Quarterly Dividend

AT&T Declares Quarterly Dividend

AT&T Declares Quarterly Dividend

AT&T Declares Quarterly Dividend

The board of directors of AT&T Inc. (NYSE: T) today declared a quarterly dividend of $0.48 a share on the company’s common shares. The dividend is payable on August 1, 2016, to stockholders of record at the close of business on July 8, 2016.

AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

About AT&T

AT&T Inc. (NYSE:T) helps millions around the globe connect with leading entertainment, mobile, high-speed Internet and voice services. We’re the world’s largest provider of pay TV. We have TV customers in the U.S. and 11 Latin American countries. We offer the best global coverage of any U.S. wireless provider*. And we help businesses worldwide serve their customers better with our mobility and highly secure cloud solutions.

Additional information about AT&T products and services is available at http://about.att.com. Follow our news on Twitter at @ATT, on Facebook at http://www.facebook.com/att and YouTube at http://www.youtube.com/att.

© 2016 AT&T Intellectual Property. All rights reserved. AT&T, the Globe logo and other marks are trademarks and service marks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.

*Global coverage claim based on offering discounted voice and data roaming; LTE roaming; voice roaming; and world-capable smartphone and tablets in more countries than any other U.S. based carrier. International service required.  Coverage not available in all areas. Coverage may vary per country and be limited/restricted in some countries.

T Stock: Google Just Lost a HUGE Battle to AT&T Inc.

T Stock: Google Just Lost a HUGE Battle to AT&T Inc.

T Stock: Google Just Lost a HUGE Battle to AT&T Inc.

  • For several years, analysts were concerned thatAT&T Inc. (NYSE:T) would lose business to Google(Alphabet Inc.) (NASDAQ:GOOGL). Sounds absurd, right? I never seriously worried that Google would harm AT&T stock,
  • At some point, Google realized that Internet speeds were ridiculously slow in the United States. And since the end goal of Silicon Valley is to have more and more commerce functioning via the Internet, this barrier imposed a low ceiling on technological growth.
  • Just think of that time you tried to stream a video, only to be thwarted by a slow Internet package. The video would play for 20 seconds, then buffer, then play, buffer, play

Who Knew AT&T Stock Had Fuel in the Tank?

T Stock: Google Just Lost a HUGE Battle to AT&T Inc.

Everybody loses in that scenario, which is why some analysts thought AT&T stock could become collateral damage as well. After all, the company is responsible for providing Internet to the customer. Google saw this as an opportunity, so it introduced “Fiber,” an ambitious program to conquer and pillage the telecom market.

The plan was simple: lay fiber-optic cables (which deliver lightning-fast Internet speeds) in major U.S. cities, poach market share from the existing telecoms, and watch AT&T stock burn.

Internet delivered through fiber-optics is unbelievably fast. You can download 25 songs in one second, a TV show in less than four seconds, or a high-definition (HD) movie in just over 30 seconds.

Other stories you might like

s industries go, telecom tends to be a very stable portion of the tech sector. Compared to the “wild west” of Silicon Valley’s startup environment, telecom more closely resembles a nature reserve. It is fenced off from intrusion.

Google saw an opening in the fence. It decided that telecom was ripe for a takeover, and moved into action immediately. I don’t blame the company for doing that; in fact, it’s the kind of ambition that makes Google stock such a valuable asset.

But there’s no denying that Google bit off more than it could chew. In trying to bring down AT&T stock, Google simply made T stock even stronger than it was before. After several years of competition, the Fiber program is on its last leg, while AT&T is sprawling.