Dallas, Texas-based AT&T Inc. (T) is one of the largest wireless service providers and leading communications service carriers in North America. With a market cap of $196 billion, AT&T operates through the Communications and Latin America segments and serves over 240 million people as their carrier.
Shares of the telecommunications giant have notably outperformed the broader market over the past 52 weeks. T has soared 64% over this time frame, while the broader S&P 500 Index ($SPX) has gained 10.6%. Moreover, shares of T are up 21.7% on a YTD basis, compared to SPX’s 5.3% decline.
