AT&T Inc

T: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$87.00	Qbfppt	Dhztq

Network Investments Should Drive Steady Growth at AT&T

Michael Hodel

Apr 20, 2023

Business Strategy and Outlook

We believe AT&T's strategy to invest heavily in its networks makes sense and will serve investors well over the long term. Aggressively extending fiber and 5G coverage to more locations builds on its core assets—its existing network and customer relationships—and should allow AT&T to gradually expand its share of telecom spending.

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