29.68 -0.07 (-0.24%)
After hours: 6:02PM EST
|Bid||29.66 x 1200|
|Ask||29.71 x 1400|
|Day's Range||29.60 - 30.02|
|52 Week Range||28.85 - 39.33|
|Beta (3Y Monthly)||0.46|
|PE Ratio (TTM)||5.78|
|Earnings Date||Jan 30, 2019|
|Forward Dividend & Yield||2.04 (6.75%)|
|1y Target Est||34.40|
After nearly a year of talking about it, AT&T is finally ready to launch the US' first mobile 5G network -- and with just days to go before its self-imposed end-of-2018 deadline. Service officially starts on December 21st, when a handful of customers will snag a free Netgear Nighthawk 5G Mobile Hotspot (below) for "at least" 90 days.
A little taste of 5G is coming early, courtesy of AT&T’s new mobile hotspot. The carrier announced this morning that it will be firing up limited 5G service in a dozen cities across the U.S. this Friday, currently only accessible via the Netgear Nighthawk 5G Mobile Hotspot.
AT&T (T) is optimistic about 2019 and expects its adjusted EPS to rise at a low-single-digit rate in the year. The company expects to generate $26 billion in free cash flow next year. AT&T’s management has highlighted that the company’s discretionary cash flow after dividends will be used to pay down its high debt balance. The company’s management plans to lower its financial leverage to the 2.5x range by the end of 2019.
AT&T customers will soon be able to access 5G speeds in parts of a dozen cities, including Dallas. The company (NYSE: T) is rolling out the service on next-generation networks, or 5G, on Friday, it said on its website Tuesday. The move comes after AT&T had long said it would offer the service by the end of 2018.
Did AT&T’s Dividend Hike Impress Investors? Last week, Citigroup upgraded AT&T (T) stock from a “neutral” to a “buy” with a 12-month target price of $34. As reported by CNBC, in a note to clients, Citigroup analysts stated, “We see still AT&T in the early innings of a multi-year transition across a number of its operating segments that may require more investment before bearing the fruits of better revenue and cash flow contributions over a longer period of time.” Analysts believe that AT&T can reverse its fortunes after struggling in 2018.
Telecommunications giant AT&T (T) has been returning cash to its shareholders and boosting its dividend payments over the last few years. On December 13, the company announced a rise in its quarterly dividend. The dividend is payable on February 1, 2019, to stockholders of record as of January 10, 2019.
Comcast said it will deliver gigabit speeds and nearly doubles the number of hot spots that existed prior to the $192.5 million renovation that opened to the public in October.
CFIUS Approves T-Mobile and Sprint Merger—What's Next? The merger of T-Mobile (TMUS) and Sprint (S) has been in the news ever since the companies first announced it in April. Whether this deal would get approval from regulatory authorities remained uncertain.
DALLAS, Dec. 18, 2018 /PRNewswire/ -- On Dec. 21, AT&T* will be the first and only company in the U.S. to offer a mobile 5G device over a commercial, standards-based mobile 5G network. "This is the first taste of the mobile 5G era," said Andre Fuetsch, president, AT&T Labs and chief technology officer. "As the ecosystem evolves, this technology will ultimately change the way we live and conduct business," said Mo Katibeh, chief marketing officer, AT&T Business.
Charter Communications’ (CHTR) closing price on December 12 was $316.78 per share. Based on that, Charter has a market cap of $72.5 billion. The stock is trading 26.7% above its 52-week low of $250.10 per share and 20.1% below its 52-week high of $396.64 per share.