It's beginning to sound more and more like the $49 Billion DTV acquisition will not be blocked by the FCC regulators and is expected to be completed by June. That along with the integration of the Iusacell and Nextel Mexico networks gives AT&T a major footprint into Latin America.
AT&T is also looking to offer exclusive content for connected vehicles such as videos and games which can be streamed onto personal mobile devices later this year. There are also expansion plans for AT&T's Gigapower 1Gbps internet service to 7 new markets including Charlotte and Greensboro, N.C.; Jacksonville, Fla.; Miami; Nashville, Tenn.; St. Louis and San Antonio.
I purchased another 33 shares of AT&T at $34.99 this week.
AT&T (T) Basic Statistics
- Ticker Symbol: T
- Forward P/E Ratio: 13.5
- Sector: Tech
- Yield: 5.42%
- Dividend Growth Streak: 30 years
- 3 Year Dividend Growth Rate: 2.3%
- Payout Ratio: 167 %
- Market cap: $180b
- Beta: .41
- Website: http://www.att.com
AT&T Dividend Growth