Telcos

Use the podcast player below to listen to our discussion on AT&T and its Q1’22 result, which accompanies the detailed write-up below: (Date of report: 27 April 2022) There are two types of telecoms companies in the world: the steady, boring ones that stick to their core businesses and the ones who try to be flashy. In an industry filled with regulation, competition and ongoing changes in technology, both types struggle to achieve attractive returns on capital. As always, it comes down to valuation. Investors are seeking yield and defensive plays in the current environment. AT&T's dividend yield is better than [...]