Let me start off by separating my thoughts about AT&T (T) the company with my thoughts about the merger deal. AT&T is one of the best dividend stocks in the market and has an absolutely fantastic yield. AT&T currently has a 6.1% yield and has done a great job of growing its mobile subscriber base over the past 5 year because of its exclusivity deal with Apple for the iPhone. Now that the iPhone is available on Verizon’s network, AT&T is looking to increase its subscriber base to become the largest carrier in the nation. This would be a fantastic deal for AT&T but a terrible deal for consumers.
April 1, 2011 by 6 Comments