AT&T (NYSE: T) has begun a new chapter. The sale of DirecTV and the spinoff of its Warner Media assets into Warner Bros. Discovery put the telecom giant on a more stable footing financially and allowed it to focus exclusively on 5G.
Although that focus should improve its ability to compete with Verizon and T-Mobile, it continues to face significant challenges. For this reason, investors and those interested in becoming AT&T investors need a firm grasp of AT&T's bull and bear cases before making a decision.
In many ways, AT&T has positioned itself well. For all the focus on its television and media ventures, AT&T maintains a strong presence in the wireless space.
Source Fool.com