AirGig the next big catalyst? AT&T to Test Wireless Internet Via Power Lines (T) On Tuesday the telecom company announced it will begin testing the ability to deliver lower-cost multigigabit wireless internet over the path of power lines. AT&T says the technology, dubbed Project AirGig will be easier to deploy than fiber, can run over license-free spectrum and can deliver “ultra-fast” wireless connectivity to homes and mobile devices. The tests are slated to start in 2017. Looking Toward a 5G Future “Project AirGig has tremendous potential to transform internet access globally—well beyond our current broadband footprint and not just in the United States,” said AT&T's John Donovan, chief strategy officer and group president, Technology and Operations, in a press release. “The results we’ve seen from our outdoor labs testing have been encouraging, especially as you think about where we’re heading in a 5G world. To that end, we’re looking at the right global location to trial this new technology next year.” The technology could be a way to offer residents in cities low-cost internet as well in rural areas where there is no high-speed Internet but there are electrical power lines. AT&T said it’s AT&T Labs developed low-cost plastic antennas and devices located along the power line to regenerate millimeter wave signals that can be used for 4G LTE and 5G multigigabit mobile and fixed deployments. The technology is patent pending, but if it came to market, AT&T said it could result in lower hardware and deployment costs while still maintaining high speed. Potential Benefits for Power Utilities AT&T went on to say that Project AirGig could help utility companies by enabling them to expand different smart grid applications and it can also be used for early detection of line issues such as damage from tree branches. AT&T said it has more than 100 patents or patent applications supporting the new technology and thinks Project AirGig “is unlike anything that’s out there.” http://www.investopedia.com/news/att-test-wireless-internet-power-lines-t/?partner=YahooSA
Another catalyst? AT&T (T) Stock Higher, Launching Mobile Streaming Service by Year's End AT&T's (T) CEO Randall Stephenson said on Wednesday that the company would debut DirecTV Now, a 100-plus channel mobile streaming service, by the 2016 fourth quarter. Read More: https://www.thestreet.com/story/137...ice-by-year-s-end.html?puc=yahoo&cm_ven=YAHOO
AT&T to Release Third-Quarter 2016 Earnings October 25 AT&T* (NYSE: T) announced today that the company’s third-quarter 2016 results will be released after the New York Stock Exchange closes on Tuesday, October 25, 2016. At 4:30 p.m. ET the same day, AT&T will host a conference call to discuss the results. The company’s earnings release, Investor Briefing and related materials will be available at AT&T Investor Relations.
Actually it is holding decent considering the market and some profit taking. Were 180 degrees from each other, I expect it to go up in the near term if not today
AT&T Hit With FCC Fine For Unauthorized Operations AT&T Inc.has agreed to pay $450,000 as fine to settle an investigation by the Federal Communication Commission for violating norms concerning operation of microwave stations. The regulations were put in place just so that customers can use their wireless devices without interference from unauthorized radio operators. A press release put out by the FCC on Thursday showed AT&T admitted to operating numerous common carrier fixed point-to-point microwave stations, flouting its authorizations. This violation went on for about three and a half years to over four years. Link: http://www.benzinga.com/node/8490388
With a the chart forming up and T getting strong in a market meltdown, I bought the NOV 18, 2016 44.00 Calls for .07 to go along with my 46's. There is much going on with T as telecoms are coming back in favor as well as good yielding stocks. The biggest catalyst could be earnings on October 25th. I can't say with certainty that they will beat but I think guidance will be strong.
Another catalyst on the table AT&T Eyes Argentina Amid Telecom Reform (T) With telecom reform coming to Argentina, possibly attracting $20 billion in investments during the next four years, AT&T (T) wants a piece of that. That’s according to Reuters, which cited Argentina Communications Minister Oscar Aguad saying AT&T, Motorola and others have expressed interest in investing in the country. "As long as we are able to dictate a norm with clear rules, I think the figure of $5 billion a year is possible," Aguad said, noting the investment level should be ongoing for four years once the new rules take effect in 2018. Read more: AT&T Eyes Argentina Amid Telecom Reform (T) | Investopedia http://www.investopedia.com/news/att-eyes-argentina-amid-telecom-reform-t/#ixzz4LN3g1drF
Interesting and a big catalyst should it happen Report: DirecTV parent AT&T to phase out satellites in 3 to 5 years http://www.bizjournals.com/denver/n...t-at-t-to-phase-out-satellites.html?ana=yahoo
Just at T was starting to rally: AT&T (T) Stock Down, UBS Cuts to 'Neutral' NEW YORK (TheStreet) -- Shares of AT&T (T) were slumping in pre-market trading on Wednesday after UBS lowered its rating on the stock to "neutral" from "buy." The firm reduced its price target to $43 from $46 on shares of the Dallas-based wireless carrier. UBS also cut earnings estimates by 3%. UBS cited expectations for diminished earnings growth and heightened competition in the wireless market, according to CNBC. (AT&T is held in the Dividend Stock Advisor portfolio. See all of the holdings with a free trial.) Separately, TheStreet Ratings team rates the stock as a "buy" with a ratings score of A+. AT&T's strengths such as its robust revenue growth, increase in net income, good cash flow from operations, solid stock price performance and expanding profit margins outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full analysis from the report here: T TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.
UBS takes the wind of the sails AT&T (T) Stock Down, UBS Cuts to 'Neutral' https://www.thestreet.com/story/137...s-cuts-to-neutral.html?puc=yahoo&cm_ven=YAHOO
I expected T to fall more today with the downgrade from UBS but looks like the bottom has been reached as the markets are getting slammed
AT&T Declares Quarterly Dividend The board of directors of AT&T Inc. (NYSE: T) today declared a quarterly dividend of $0.48 a share on the company’s common shares. The dividend is payable on November 1, 2016, to stockholders of record at the close of business on October 10, 2016. http://finance.yahoo.com/news/t-declares-quarterly-dividend-165600464.html
Also, T goes Ex-Div on Oct 5th so one could enter today or tomorrow and get the next quarter dividend. It's at a decent spot for that now.
