AT&T (0QZ1.L) Stock Analysis & Winston Score

AT&T is one of the largest telecommunications companies in the United States. It provides wireless phone service, home internet, and business communication services to tens of millions of customers across the country. The company is best known for its mobile network, which competes directly with Verizon and T-Mobile for American consumers and businesses. AT&T makes most of its money through monthly subscription fees — customers pay recurring bills for wireless plans and fiber internet service called AT&T Fiber. The company operates almost entirely in the US and generates roughly $120 billion in annual revenue. Its large, established network infrastructure is difficult and expensive for new competitors to replicate, giving it some protection. However, AT&T carries a significant amount of debt from past acquisitions, and its main growth bet is expanding its fiber internet footprint to more homes — a capital-intensive effort that requires heavy ongoing investment to succeed.