Company Of The Day: AT&T

+23.53%
Upside
19.12
Market
23.62
Trefis
T: AT&T logo
T
AT&T

What?

AT&T (NYSE:T) is offering among the most attractive discounts on the just-launched iPhone 13 series. For instance, the carrier will offer the iPhone 13 Pro for free to new and existing subscribers under certain conditions, a deal that’s worth as much as $1,000.

Why?

Relevant Articles
  1. What’s Happening With AT&T Stock?
  2. AT&T Falls 9% In A Month. Will It Recover?
  3. AT&T Stock Has Outperformed In 2022. Still A Good Buy?
  4. Forecast Of The Day: AT&T’s Mobility Revenues
  5. Is AT&T Stock A Bargain At $25?
  6. Company Of The Day: AT&T

AT&T is in the process of shedding its media assets, refocusing on its core wireless and telecom businesses. The launch of new versions of Apple’s iconic smartphones should give the company a good opportunity to drive subscriber growth and lock in existing subscribers.

So What?

While the deal will have an impact on the carrier’s average revenues per user, it could have a positive overall impact on AT&T’s revenue and bottom line, if subscriber growth improves.

See Our Complete Analysis For AT&T 

Invest with Trefis Market-Beating Portfolios
See all Trefis Price Estimates