Motley Fool
3 Things About AT&T That Smart Investors Know
AT&T (NYSE: T) was once considered a stable blue-chip stock, but it’s lost about 40% of its value over the past five years. AT&T has been trying to rectify those mistakes by selling a major stake in DirecTV, spinning off Time Warner’s assets into a new company through a merger with Discovery (NASDAQ: DISCA) (NASDAQ: DISCK), and divesting its non-core businesses to reduce its long-term debt. As AT&T treads water, investors should look beyond its main turnaround story and review some lesser-known facts about its business.
