Tag: t stock
This week, AT&T CEO Randall Stephenson noted that AT&T (T) is on track to reduce its leverage multiple to about 2.5x by the end of this year.
According to Makan Delrahim, the T-Mobile and Sprint merger would increase competition in the wireless market and benefit consumers.
Sprint (S) stock fell about 0.88% on Tuesday and closed the trading day at $6.78. It was trading 15.88% below the 52-week high of $8.06.
Yesterday, AT&T’s (T) labor union urged the company to reject Elliott Management’s proposal to restructure its business.