November 12, 2019
  • November 12, 2019
Breaking News
  • Home
  • Technology
  • AT&T Inc. (NYSE:T)’s nearly $175 million investment in El Paso improved connectivity, speeds & coverage

AT&T Inc. (NYSE:T)’s nearly $175 million investment in El Paso improved connectivity, speeds & coverage

By on June 24, 2019 0

At AT&T1, we’ve invested nearly $175 million in our El Paso wireless and wired networks during 2016-2018. These investments boost reliability, coverage, speed and overall performance for residents and businesses. We’ve also improved critical services that support Public Safety and first responders using the FirstNet communications platform.

AT&T Inc. (NYSE:T) ‘s wireless network covers more than 99% of all Americans and has become the fastest wireless network in the nation, according to the first quarter 2019 results from tests taken with Speedtest® and analyzed by Ookla®. 2

AT&T Inc. (NYSE:T)‘s nearly $175 million investment in El Paso is furthering improved connectivity, speeds and coverage in this growing and important part of our state,” said JD Salinas, AT&T assistant vice-president, external affairs. “This investment underscores AT&T’s commitment to far West Texas and to our ability to provide enhanced services to our customers – including improvements that support the FirstNet communications platform used by first responders.”

It also supports expanding 5G Evolution and LTE-LAA technologies in El Paso, which we launched in April 2018. These technologies serve as a step in the path to 5G by boosting the existing LTE network and priming it for the future of connectivity.

Technical Stock Analysis 

AT&T Inc. (NYSE:T), a Technology sector firm, traded 38.68 Million shares in last trading session and stock shed -0.28% with closing price of $32.45 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and AT&T Inc. (NYSE:T)’s gross margin stands at 53.70%.

Investment Worthy Stock or not? 

For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a AT&T Inc. (NYSE:T)’s profitability or to compare the efficiency of different investments, hence, T return on investment (ROI) is 5.90%. 

52-Week Range 

52-Week Range are valuable stats for watching AT&T Inc. (NYSE:T)’s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. AT&T Inc. (NYSE:T)’s stock value has moved between $26.82 – 34.16 in last one year. 

Analyst’s Views 

Analysts mean target price for AT&T Inc. (NYSE:T) is $33.80 while analysts mean recommendation is 2.30. 

Stock Performance 

Its weekly performance is 0.31% while year to date (YTD) performance is 13.70%. 

EPS Growth

Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. AT&T Inc. (NYSE:T)’s EPS growth this year is 84.50%. For best decision making investors should look at AT&T Inc. (NYSE:T)’s EPS growth for next year stands at 1.97%. 

Leave a comment