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AT&T Inc. (NYSE:T) has never gotten credit for the new cash flow pattern now that management has ditched all the noncore businesses. The last article noted how the excitement over the cash flow results likely meant low expectations. That means the coming quarter could well produce a boost in the stock price yet again because cash flow should again increase seasonally.
The business itself remains in the midst of several transitions. There is the 5G that is being installed as quickly as possible. On the other hand, I just received a notice about possibly the end of service for my landline phone. Of course, that also shows my age. Eventually, the decline of the “older” businesses will become less significant while the growth of the new business continues to become more significant. That should eventually result in overall company growth a bit faster than is the case right now. Long-term,…
