Does AT&T Have a Bright Future?
T = Trends for a Stock’s Movement
AT&T is a provider of telecommunications services in the United States and worldwide. Services offered include wireless communications, local exchange services, and long-distance services. AT&T operates in four segments: Wireless, Wireline, Advertising Solutions, and Other. The communications products offered through AT&T’s segments reach audiences using just about every widely adopted medium: Internet, voice, television, and mobile. As consumers continue to adopt this technology, providers like AT&T stand to see rising profits.
Investors in Vodafone (NASDAQ:VOD) waiting for a bumper pay-off from a £70bn bid from AT&T were dealt a blow on Monday after the American group ruled itself out from making a bid for its UK rival. The announcement will prevent the US group from bidding for the Vodafone for six months, although the move was seen by analysts as more of a hiatus than hard stop for one of the most widely anticipated deals in the European corporate sector.