Summary
- AT&T is officially the third largest telecommunications company in the world, after T-Mobile has merged with Sprint.
- The company continues to have a peer leading financial portfolio and building new assets such as FirstNet and HBO Max.
- The company has the ability to generate significant long-term shareholder returns buying back shares, generating dividends, and paying down debt.
- Investors can generate a more than 13% annual returns by utilizing options.
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AT&T (NYSE: T) has officially become the third largest telecommunications company in the United States after the merger between Sprint and T-Mobile (NASDAQ: TMUS). However, that doesn't mean the company should be ignored. The company has a market capitalization of more than $200 billion, a network for first responders faster than its core network, and a commitment to long-term shareholder returns.
As we'll see throughout this article, AT&T offers the potential to generate double-digit returns for investors utilizing options, which we'll discuss in this article.
AT&T FirstNet
AT&T has struggled across a number of areas of its business, however, one of the aspects of its business where it has consistently outperformed is FirstNet.
FirstNet and AT&T - Android Authority
FirstNet was originally established in 2012 as part of the Middle Class Tax Cut & Jobs Relief Act. The purpose of FirstNet was to provide communication among different first responding organizations, supporting them for disasters such as 9/11. The network was established with an original cost of $7 billion and 20 MHz of spectrum.
