- Editor's PickNicole Sinclair•7 hours ago
Ciena (CIEN), the optical telecom equipment maker, saw its revenue drop from $1.6 billion in 2001 to $361 million in 2002, an 80% decline. “You’re seeing big-build out basically skipping out the terrestrial, fixed line evolution that the rest of the industrial world has gone into,” Smith said.
- The Wall Street Journal•32 minutes ago
AT&T Inc. plans to discontinue a program that collected web-browsing data from broadband customers or required them to pay a higher monthly rate.
- Barrons.com•49 minutes ago
Unlike many utility and consumer-staples stocks, which have been bid up by investors looking for yield, telecom stocks for the most part trade at relatively low valuations. Shares of Verizon Communications (VZ), for example, have returned 26% in the past 12 months, and AT&T (T) has returned more than 32%. “The common theme for all of these companies is that growth is challenged,” says Simon Flannery, a telecom analyst at Morgan Stanley.
AT&T, Inc. (T)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||40.64 x 300|
|Ask||40.69 x 700|
|Day's Range||40.60 - 41.04|
|52wk Range||32.22 - 43.89|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||17.51|
|Avg Vol (3m)||19,884,956|
|Dividend & Yield||1.92 (4.71%)|