AT & T Inc (T.US) - one of the largest US telecommunications companies. It is the largest provider of both local and US long-distance telephone service, as well as the second largest provider of wireless services in the United States.Headquarters - in Dallas, Texas. The corporation was founded by Alexander Bell, inventor of the telephone, which in 1877 registered the Bell Telephone Company. Later it was created AT & T, as a subsidiary company. Bell system has long been the monopoly of the US market, but in 1974 began an antitrust process to split the company into 8 parts, chief among which remained AT & T.
April 26, 2016, released the statement of income for the first quarter 2016. According to its results, the profit was $ 40.54 billion., Almost a quarter higher than last year's value for the same period of $ 32.58 billion. But below the projected $ 41.32 billion. EPS The also rose to $ 0.72 from $ 0.63 in Q1 2015 and coincided with the forecast value. The company develops mobile Internet services, telecommunications, and adapts to changes in a timely manner under the US law. Recently, two Mexican wireless provider were acquired, but the obvious concern about competition with the same service providers, including cable connection, a VOIP, and so on.Business strategy, as outlined in the report is focused on the proper conduct of the pricing policy. All factors point to the corporate stable and active, it will keep its share at a high level in the coming years.
Until the end of March CFD on stocks trading at a distinct upward trend, dropping moderate change of range that was broken last week. The set of fundamental and technical factors suggests a further increase in prices. Stop loss we will install at the level of 37.64, which is a three-month low on 27 April. It is necessary to open a long position with a price 39.00. Short-term support level is quote 39.69. In the long term it is expected to reach the level of 42.00.
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