AT&T, Dish bid most in FCC's latest 5G airwaves auction, while Verizon skips

  • AT&T (T) dominated spending in the latest FCC 5G airwaves auction, and was largely joined by Dish Network (DISH) - and somewhat surprisingly, Verizon Communications (VZ) was absent, the agency has revealed.
  • The Federal Communications Commission unveiled bidders for the 3.45 GHz auction (Auction 110) that wrapped up in November.
  • Verizon Communications and AT&T were widely expected to spend to catch their spectrum up to the holdings of T-Mobile (TMUS), which had a sizable cache after wrapping its merger with Sprint. And AT&T did bid $9.1 billion of the total $21.9 billion bid.
  • Dish Network , the upcoming fourth major national carrier, committed $7.3 billion in spending through a proxy. And T-Mobile bid just under $3 billion. (U.S. Cellular (USM) showed up with about $580 million in bids.)
  • Verizon Communications , though, looks content for now to lean on the heavy C-band spectrum it picked up in a record-setting auction last year. That auction drew a record $81 billion, and AT&T and Verizon Communications accounted for $68.9 billion of that.

    Over the current book year the company from Dallas could achieve a revenue around 156.23 billion USD (consensus estimates). This is slightly lower than 2021's revenue of 168.86 billion USD.

    Historical revenues and results AT&T plus estimates 2021

    fundamantele data

    The analysts expect for 2021 a net profit of 22.18 billion USD. For this year most of the analysts expect a profit per share of 3.13 USD. With this the price/earnings-ratio is 7.59.

    Huge dividend AT&T

    For this year most of the analysts expect a dividend of 2.05 USD per share. Thus the dividend yield equals 8.63 percent. The average dividend yield of the telecommunications companies is an attractive 4.01 percent.

    Based on the current number of shares AT&T 's market capitalization equals 169.31 billion USD. -12

    At 20.54 the stock trades 0.46 percent higher at 23.76 USD.

    Price data AT&T 2007-2021

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