AT&T Inc’s Investor Day Takeaways
<p>Analysts at Oppenheimer provided their views on <a href='https://financialmodelingprep.com/financial-summary/T'>AT&T Inc. (NYSE:T) </a>following the company’s investor day. The focus was on network and FCF guidance with minimal discussion on the new competition's tidal wave and technologies. </p>
<p>The company gave guidance for 2023 for $44 billion in EBITDA and $20 billion in FCF. Acquiring 120 MHz of Mid-Band spectrum and building 4M new fiber homes per year is the correct strategy, but will likely take longer and be more expensive to upgrade than expected. </p>
<p>The company hopes to raise prices and lower expenses. Still, the analysts are skeptical, as they expect major new disruptive competition and expense pressures—cash taxes, interest rates, Capex and Opex inflation, etc.</p>

NYSE:T