2024-05-06 01:24:48 ET
Summary
- AT&T has seen significant growth in customer lifetime value after achieving a record low postpaid phone churn this quarter.
- Free cash flow has seen significant growth and the company's net debt to EBITDA ratio has decreased.
- I continue to take a bullish view on AT&T stock.
Investment Thesis
I take a bullish view on AT&T given strong free cash flow growth, a record low postpaid phone churn, and a lower net debt to EBITDA ratio....
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AT&T: Strong Free Cash Flow Growth And Low Churn Encouraging