AT&T (T) is likely to have recorded lower revenues in the first quarter due to adverse foreign currency translations, evolving market conditions in the aftermath of the deadly virus outbreak and continued investments for 5G deployments.
HBO Max offers subscribers the most bang for their buck. Yet it's the streaming service consumers are least interested in. Something needs to change.
Telecom giant AT&T (NYSE: T) has its problems to be sure. It was only able to offload part of its struggling DIRECTV business, and that part was shed at a loss relative to its 2015 acquisition of the satellite television brand. Never even mind that AT&T at least postponed a dividend payout increase this year for the first time in 36 years.