Comcast, AT&T, Hearst CEOs Urge Congress to Pass Fresh Stimulus Package
Telecom giant AT&T (NYSE:T) can be an income machine for stimulus check recipients.
For example, the rollout of 5G networks should be a significant positive for AT&T. It's been a decade since the last upgrade of wireless download speeds, which suggests that consumers and businesses will be jumping at the prospect of updating their wireless devices. Since AT&T generates its juiciest margins from wireless data, an increase in download speeds can only improve its operating margins.
AT&T also stands to benefit from its push into streaming. Despite a slow start to the launch of HBO Max in late May, AT&T's subscriber numbers have picked up significantly in recent months. This may have to do with subsidiary WarnerMedia releasing all of its movies in 2021 on HBO Max the same day they'll hit theaters.
Submitted April 05, 2021 at 07:35PM by DangerStranger138 https://ift.tt/2Omiw8W
