Telecom stocks have been showing strong momentum this quarter as investors move cash into steady, income‑focused names ahead of earnings season. Traditional telecom companies have gained about 14.3% on average since the last reporting cycle, helped by broader optimism across the sector. Global telecom spending is also projected to climb about 4% this year to roughly $1.42 trillion, according to Statista, reflecting steady demand for connectivity and network upgrades.
That growing confidence has put more eyes on AT&T Inc. (T), which currently offers a 4.25% dividend yield and will release its third‑quarter results on Oct. 22, before market open. Analysts expect around a 10% drop in profit year-over-year (YoY), though most are focused on how continued growth in wireless and fiber could offset weakness in its older business lines. The company has also topped Wall Street’s estimates in three of the past four quarters, keeping expectations for another beat alive heading into this report.
