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Can AT&T (T) Rebound From a Terrible Performance in 2018?
Despite some ‘out-of-the-box’ thinking that helped AT&T Inc. T evolve from a telecom firm to a leading player in the U.S. communications sector with significant media assets, 2018 proved to be its nemesis. Over the past year, it recorded an average loss of 21.9% while the industry fell 5.5%.
As the industry remains at the cusp of 5G boom, investors seem wary about the company’s prospects. Let us delve a little deeper into the issue to gauge the underlying trends and try to fathom what the stock has in store for 2019.
What Ails AT&T?
This stock’s poor performance in 2018 could majorly be attributed to a steady decline in linear TV subscribers and legacy services, hurting its profitability and creating an element of doubt among investors. High-speed Internet revenues are also contracting due to legacy DSL decline, simplified pricing and bundle discount. Moreover, TV content-cost pressure, high programming costs and new video platform expenses are fast eroding margins.
....
https://finance.yahoo.com/news/t-t-rebou...ccounter=1
Despite some ‘out-of-the-box’ thinking that helped AT&T Inc. T evolve from a telecom firm to a leading player in the U.S. communications sector with significant media assets, 2018 proved to be its nemesis. Over the past year, it recorded an average loss of 21.9% while the industry fell 5.5%.
As the industry remains at the cusp of 5G boom, investors seem wary about the company’s prospects. Let us delve a little deeper into the issue to gauge the underlying trends and try to fathom what the stock has in store for 2019.
What Ails AT&T?
This stock’s poor performance in 2018 could majorly be attributed to a steady decline in linear TV subscribers and legacy services, hurting its profitability and creating an element of doubt among investors. High-speed Internet revenues are also contracting due to legacy DSL decline, simplified pricing and bundle discount. Moreover, TV content-cost pressure, high programming costs and new video platform expenses are fast eroding margins.
....
https://finance.yahoo.com/news/t-t-rebou...ccounter=1
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