Communication Services  |  Diversified Telecommunication Services
32.16 -0.25 -0.77%
Stock Price | May 7, 2021, 4 p.m.
Bid: 32.1
Ask: 32.5
Prev. Close: 32.41
52 Week Low: 26.35
52 Week High: 33.24
PE Ratio:
Dividend Yield: 647.0%

Company Summary

Wireless is AT&T's largest business, contributing about 40% of revenue. The firm is the third- largest U.S. wireless carrier, connecting 64 million postpaid and 17 million prepaid phone customers. WarnerMedia contributes a bit less than 20% of revenue with media assets that include HBO, the Turner cable networks, and the Warner Brothers studios. Fixed-line business communications services, provided to a wide range of entities, provide about 15% of revenue. The consumer broadband segment (about 7% of revenue) primarily provides broadband service to 15 million households. The firm recently sold a stake in its traditional television business, which serves 17 million customers and generates about 17% of sales. This business will be removed from AT&T's financials going forward.

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