AT&T Nearing An Inflection Point: Is It Time To Buy?
TAT&T(T) seekingalpha.com·2024-05-23 19:05

wdstock AT&T (NYSE:T) recently reported its Q1 results, showing strong progress, particularly in increasing its free cash flow and paying down debt aggressively. Until now, my outlook on AT&T has been neutral to bearish due to the need to pay down its heavy debt burden consuming a lot of its discretionary cash flow and its aggressive investment needs for its 5G rollout and overall business model to maintain competitive positioning and growth. Consequently, I expected the dividend to remain largely stagnant, ...