Valuentum Exclusive Analysis for the Discerning Investor

Symbol Keyword

Jul 16, 2013

AT&T Tries Again…This Time: Leap Wireless
After regulators blocked a deal for T-Mobile in 2011, AT&T has agreed to acquire Leap Wireless.

Jun 27, 2013

Dish Won’t Go to War Over Clearwire; What’s Next?
News hit the tape that Dish Network would end its pursuit for Clearwire. What's next?

Jun 22, 2013

Sprint May Be Settled But What About Clearwire?
Dish Network dropped its bid for Sprint, but it has yet to respond to Sprint’s raised offer for Clearwire.

Jun 17, 2013

Best Ideas Newsletter Holding DirecTV is on the Verge of Acquiring Hulu
It appears DirecTV could acquire Hulu. We really like the deal as cheap insurance against “cutting the cord” and to keep it out of competitors’ hands.

Jun 11, 2013

Sprint, Dish, Clearwire, and SoftBank: The Saga Continues
One of 2013’s biggest M&A stories is far from over, but it will have far reaching implications.

Apr 15, 2013

Ergen Chooses Sprint Over DirecTV
Dish Network has made a hositle offer to merge with Sprint. Let's take a look at the deal.

Mar 18, 2013

A Dish/DirecTV Merger Would Be Golden
With M&A chatter intensifying, we like the prospects of a Dish/DirecTV merger.

AT&T’s Outlook Is Getting Brighter
Image Shown: An overview of AT&T Inc’s capital allocation priorities over the coming years and a snapshot of its financial position at the end of September 2020. Image Source: AT&T Inc – Third Quarter of 2020 IR Earnings Presentation. The rollout of 5G wireless packages in the US combined with expected growth at its video streaming business has significantly improved AT&T’s outlook during the past few months. We include shares of AT&T in the High Yield Dividend Newsletter portfolio, and as of this writing, shares of T yield ~6.6%. Headwinds caused by the ongoing coronavirus (‘COVID-19’) pandemic weighed negatively on AT&T’s financial and operational performance in 2020, though the company remains on track to generate enormous amounts of free cash flow this year. AT&T currently expects to generate $26.0 billion or more in free cash flow in 2020, a forecast that the firm reiterated on December 8. The company has guided its dividend cash-flow payout ratio (dividend obligations divided by free cash flow) to come in near the high 50s% area this year. Please note that back in April 2020, AT&T expected its dividend cash-flow payout ratio in 2020 would be in the 60s% range, but its outlook was negatively impacted by the COVID-19 pandemic. Things are starting to turn around in part due to the recent successes AT&T has had at its video streaming business after things got off to a slow start.