The customers of the leading telecom company
) can now enjoy more mobile apps and contents as the company's
partners Syntonic Wireless launched a Sponsored Content Store.
Customers can use these mobile apps without changing their current
AT&T customers using iOS and Android software-based devices
can access the Sponsored Content Store. This application will be
made available on other operating systems later this summer.
However, the number of applications the company will offer is not
In January, the company announced its plans to offer a toll-free
data service that will not consume customers' monthly allotment for
surfing when they visit the sponsors' websites. We believe that
this is AT&T's strategy of promoting wireless data usage to
boost its service revenues. The service would also pave the way for
establishing its LTE network in the near-term.
This Zacks Rank #4 (Sell) stock currently faces several
limitations with its existing wireless spectrums and is attempting
a turnaround by gaining more spectrum licenses. The company's
wireline division is struggling with persistent losses in access
lines as a result of competitive pressure from voice-over-Internet
protocol (VoIP) service providers and aggressive triple-play
(voice, data and video) offerings by the cable companies. These are
weighing on the company's revenues and margins.
Other Stocks to Consider
Better-ranked stocks in this sector include
Chunghwa Telecom Co., Ltd.
Mandalay Digital Group, Inc.
). All these stocks carry a Zacks Rank #2 (Buy).
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AT&T INC (T): Free Stock Analysis Report
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MANDALY DIGITL (MNDL): Free Stock Analysis
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