Is AT&T Better Than Verizon?
In 1876, Alexander Graham Bell developed the telephone, forming the basis of a corporation that would become AT&T (T), a brand that has since come to be associated with the best telephone service in the world. The company offers a wide range of telecom services, including domestic caller ID, long-distance, Internet access, roaming, and other linked services.
In my previous article, I discussed Verizon at length. This time, I will analyze AT&T's position within the telecom industry. In the latest financial quarter, AT&T recorded increased revenues, as well as improved wireless service profit margins and churns. The company has solid wireless data expansion and ongoing increases in U-verse services. Furthermore, this quarter AT&T produced consolidated revenues of $31.6 billion, up 0.3 percent compared to Q2 2011. Its revenues are also up two percent when adjusted for Advertising Solutions sale. This company's diluted EPS is at $0.66, in comparison with a $0.60 diluted EPS for Q2 2011, representing an increase of ten percent year-over-year and sequentially. Meanwhile, AT&T has presented record wireless profit margins and an operating income margin of 30.3 percent, with EBITDA service margin of 45 percent. $2.5 billion in stock buybacks; 75.8 million shares repurchased.
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