AT&T Inc. (NYSE-T) has become very appealing to private investors and multinational investment corporations thanks to the published earnings for the 4Q and year 2018. In the fourth quarter of 2018, the company recorded an increase in overall turnover of 15.2% year-on-year, which amounted to US$47.993 billion. The company generated a net profit of US$4.858 billion and adjusted earnings per share increased by 10% year-on-year. The company also increased its dividend by 2.0% this year. These facts attracted private investors and multinational investment corporations to buy AT&T Inc. (NYSE-T) shares, which were trading on March 4, 2019 at a value of US$29.98.
AT&T Inc. (NYSE-T) is an American Holding Company, which was established on 3 March 1885 in New York, USA. Since the beginning the company has been developing as the nationwide telephone network company. The company currently operates digital communications services, telephone services and Internet connections for homes and businesses in the United States and around the world. Its four service segments include Business Solutions, Entertainment Group, Consumer Mobility and International Consumer Mobility. The Business Solutions segment includes a variety of categories, including wireless services, fixed strategic services, voice and data services, and wireless devices. Segment Entertainment Group provides video, Internet, and voice communications services for residential customers across the United States. The Consumer Mobility segment provides wireless services to customers in the United States and the International Segment provides entertainment video services for households in Latin America, and wireless data and voice communications services for consumer and business customers in Mexico.
In its press release AT&T Inc. (NYSE-T) announced its outlook for 2019, in which the company expects US$26 billion of free funds. These facts attracted private investors and the multinational investment corporations to buy shares of AT&T Inc. (NYSE-T), which also disclosed how much it pays to its shareholders through a quarterly paid dividend — US$23 billion. AT&T Inc. has also recently completed the acquisition of telecom giant AppNexus for US$1.6 billion. AppNexus is a global Internet technology company that operates the world’s largest independent market for digital advertising and business technology for buyers and sellers of digital ads. AT&T Inc. (NYSE-T) is currently focusing on global enhancement in targeted advertising with AppNexus in premium video content and distribution. The company earned a total turnover of US$170.756 billion for the fiscal year 2018 with an operating profit of US$26.096 billion. After deducting all costs, the company generated a net profit of US$19.953 billion. The company has total assets worth US$531 billion with a net equity of US$193.884 billion. It employs 273,210 core workers.
