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AT&T

Investigation into AT&T Cell Service Outage

February 29, 2024 by Forex Winner Leave a Comment

New York Attorney General Investigates AT&T Cell Service Outage New York Attorney General Letitia James has launched an investigation into the recent cell service outage that impacted thousands of AT&T customers last week. James emphasized the importance of reliable cell service for Americans to facilitate their daily routines. Consumer Protection in Focus James … [Read more...] about Investigation into AT&T Cell Service Outage

AT&T Strikes $14 Billion Deal with Ericsson for Network Equipment

December 5, 2023 by Forex Winner Leave a Comment

AT&T, one of the leading telecom companies in the United States, has recently entered into a significant agreement with Ericsson, a Swedish supplier of network equipment. The deal entails AT&T purchasing up to $14 billion worth of equipment from Ericsson over a span of five years. This development is a part of AT&T's ambitious plan to establish a commercial-scale … [Read more...] about AT&T Strikes $14 Billion Deal with Ericsson for Network Equipment

AT&T Stock Downgraded on Concerns Over Wireless Growth and Potential Liability

July 15, 2023 by Forex Winner Leave a Comment

J.P. Morgan analyst Philip Cusick has downgraded AT&T (ticker: T) from Overweight to Neutral, citing concerns about the company's wireless growth and potential liability for lead-sheathed cables. Cusick also lowered his price target for the stock from $22 to $17. AT&T's stock experienced a 4.1% drop to $14.49 in midday trading, bringing it to its lowest point since May … [Read more...] about AT&T Stock Downgraded on Concerns Over Wireless Growth and Potential Liability

AT&T Stock Plunges as J.P. Morgan Downgrades Rating

July 16, 2023 by Forex Winner Leave a Comment

Shares of AT&T Inc. sank to a nine-month low on Friday after J.P. Morgan downgraded the telecommunications giant. The downgrade was a result of slowing growth drivers and uncertainty surrounding potential liabilities related to lead-sheathed cables. Analyst Downgrades Rating and Lowers Price Target Analyst Philip Cusick, who had previously given AT&T an overweight … [Read more...] about AT&T Stock Plunges as J.P. Morgan Downgrades Rating

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