Seeking Alpha

AT&T Inc. (T)

  • Apr. 26, 2011, 1:38 PM
    AT&T's (T +1.3%) first bond offering since July will be for $3B in notes, ahead of $3.25B in maturities this year. It's not unusual for a company its size to have a lot maturing each year, and costs are low (average investment-grade corporate yield: 3.95%). AT&T had $59B in long-term debt before a $20B bridge loan to help finance acquiring T-Mobile (DTEGY.PK +1.4%).
    | Apr. 26, 2011, 1:38 PM | Comment!
  • Apr. 21, 2011, 4:44 PM
    AT&T (T) says in an SEC filing that its proposed $39B purchase of T-Mobile USA (DTEGY.PK) will "promote, not diminish competition" in the U.S. wireless market. In its application seeking FCC approval, AT&T cites competition in the wireless market and says T-Mobile has "no clear path" to providing next-generation wireless service on its own.
    | Apr. 21, 2011, 4:44 PM | 2 Comments
  • Apr. 21, 2011, 3:46 PM
    The power of the iPhone (AAPL): After learning of AT&T's (T) big drop in customers taking out long-term contracts after losing iPhone exclusivity, new iPhone provider Verizon (VZ -2.6%) says it added 906,000 contract-based wireless subscribers in Q1, more than double Y/Y. In total, Verizon activated 2.2M iPhones - but Wall Street had expected more.
    | Apr. 21, 2011, 3:46 PM | 1 Comment
  • Apr. 20, 2011, 12:46 PM
    AT&T (T -0.4%) subscribers are still buying iPhones, but net new subscribers of just 62K (vs. 512K a year ago) underscore the impact Verizon's (VZ +1.7%, VOD +1.5%) entry has had on AT&T's ability to draw new customers.
    | Apr. 20, 2011, 12:46 PM | Comment!
  • Apr. 20, 2011, 7:36 AM
    AT&T (T): Q1 EPS of $0.57 in-line. Revenue of $31.25B in-line. Wireless data revenue +23.9%. Smartphone sales: 5.5M. Shares +1.3% premarket. (PR)
    | Apr. 20, 2011, 7:36 AM | Comment!
  • Apr. 20, 2011, 12:05 AM
    Notable earnings before Wednesday's open: ABT, ALV, AMB, APH, DGX, ECA, ELN, EMC, ETN, FCX, HBAN, HBI, HCBK, KCG, MO, MTG, NDAQ, PLD, STJ, T, TIN, TXT, UNP, USG, UTX, WFC
    | Apr. 20, 2011, 12:05 AM | Comment!
  • Apr. 19, 2011, 5:15 PM
    Voters at choose BP as the "Worst Company in America," narrowly edging Bank of America (BAC) for the dubious distinction. Among the other finalists in the 32-team bracket-style elimination tournament: CMCSA, WLP, T, WMT, JPM, Ticketmaster.
    | Apr. 19, 2011, 5:15 PM | 15 Comments
  • Apr. 15, 2011, 8:53 AM
    Mexico's Alfa will buy AT&T's (T) 49% stake in Mexican telecom Alestra. Terms were not disclosed, but Alestra's recent sales were $366M. T +0.5% premarket. (PR)
    | Apr. 15, 2011, 8:53 AM | Comment!
  • Apr. 14, 2011, 9:26 AM
    Well, now we can breathe easier: Apple (AAPL) reportedly will start selling the white version of its iPhone4 in the next few weeks, following a 10-month delay, and will be available from AT&T (T) and Verizon Wireless (VZ). The release has been stalled as Apple resolved manufacturing challenges, including paint that peeled under heat.
    | Apr. 14, 2011, 9:26 AM | 2 Comments
  • Apr. 7, 2011, 12:46 PM
    A split FCC votes that AT&T (T) and Verizon Wireless (VZ, VOD) must allow smaller competitors to use their networks for data transport - essentially giving data the same status there as voice calls. The two companies prefer the current voluntary deals, but for data, "roaming deals are simply not being widely offered" and investment and competition will follow, FCC head Julius Genachowski says.
    | Apr. 7, 2011, 12:46 PM | 1 Comment
  • Apr. 6, 2011, 9:22 AM
    Sixty stocks in the S&P 500 hit 52-week highs yesterday. National Semiconductor (NSM) is the leader after its proposed buyout by Texas Instruments (TXN), but some of the others might be more interesting, including Netflix (NFLX), (PCLN), Moody's (MCO), Chevron (CVX) and AT&T (T).
    | Apr. 6, 2011, 9:22 AM | Comment!
  • Apr. 1, 2011, 11:58 AM
    In SEC filings, AT&T (T) adds detail about the $20B bridge loan it's getting from JPMorgan Chase (JPM) for the acquisition of T-Mobile (DTEGY.PK) - saying the risk is shared with three syndication agents: BAC, BCS and C. Moody's had expressed concern that JPM's sole commitment to the massive loan was "credit negative."
    | Apr. 1, 2011, 11:58 AM | Comment!
  • Apr. 1, 2011, 8:02 AM
    Regulatory approval for AT&T's (T) proposed purchase of T-Mobile (DTEGY.PK) is a tough sell, says FCC Commissioner Michael Copps, and represents a "paradigm-altering transaction" that at the very least would require AT&T to make market-by-market divestitures and commit to preserving internet openness.
    | Apr. 1, 2011, 8:02 AM | Comment!
  • Mar. 31, 2011, 5:35 PM
    Jeff Reeves' seven dividend stocks to buy for "reliable income in a volatile market": AZN, 5.5% yield; LO, 5.7%; T, 5.8%; BPT, 7.5%; FRO, 7.7%; DPO, 9%; PVD, 9.3%.
    | Mar. 31, 2011, 5:35 PM | 4 Comments
  • Mar. 31, 2011, 3:41 PM
    Amazon (AMZN +0.6%) is in the news again, as Bloomberg reports that the company is exploring a mobile payment service. It would pit Amazon against Google (GOOG), Apple (AAPL) and the joint effort among AT&T (T), T-Mobile (DTEGY.PK) and Verizon (VZ), which are developing their own services that would let consumers pay for goods in stores using their mobile phones.
    | Mar. 31, 2011, 3:41 PM | 3 Comments
  • Mar. 30, 2011, 3:40 PM
    Investors may be following the potential merger of AT&T (T +2.3%) and T-Mobile (DTEGY.PK +1.1%), but the real telecom to watch is Vodafone (VOD -0.1%), fund manager David Green says. In a year or so, huge cash flow will start to come out of Verizon (VZ +0.9%), and 45% of it will go to Vodafone. When that happens, Green believes Vodafone could substantially raise its dividend yield.
    | Mar. 30, 2011, 3:40 PM | Comment!
T vs. ETF Alternatives
Company Description
AT&T Inc, through its subsidiaries and affiliates, provides wireless and wireline telecommunications services in the United States and internationally. The Company has three reportable segments: Wireless, Wireline, and Other.