With a market cap of $167.2 billion, AT&T Inc. (T) is a global telecommunications and technology company offering wireless, broadband, fiber, and managed services to consumers, businesses, and government customers under well-known brands such as AT&T, Cricket, and AT&T Fiber. Operating through its Communications and Latin America segments, the company provides mobile and internet services across the U.S. and Mexico.
Shares of the Dallas, Texas-based company have underperformed the broader market over the past 52 weeks. The stock has risen 3.2% over this time frame, while the broader S&P 500 Index ($SPX) has returned 13.9%. In addition, shares of AT&T are down 5.6% on a YTD basis, compared to SPX’s 1.5% gain.
