Why We Are Bullish On AT&T
The Trefis price estimate for AT&T was recently revised upwards to $46, which is around 20% ahead of the current market price. This revision was largely driven by synergies stemming from its 2015 acquisition of DirecTV, its potential for wireless service revenue growth as well as its increasing focus on international markets such as Mexico. Below, we provide a summary of the key factors driving our price estimate for the stock.
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Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for AT&T
References:
2) AT&T: DirecTV buy will save it 20% on programming costs, Fierce Cable
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