Sumary of Telus vs. AT&T: Which Dividend Stock Is a Better Buy?:
- Telecom companies are part of a recession-proof sector, allowing them to generate stable and predictable cash flows across business cycles.
- It offers multiple telecom and information technology products while operating via two primary business segments.
- The wireless business includes network revenue that consists of data and voice as well as equipment sales from mobile technologies.
- Comparatively, the wireline segment consists of data services revenue, including internet protocol, television, hosting, managed information technology, among others.
- In the second quarter of 2021, the customer net additions for Telus stood at 223,000 — up 82,000 year over year and driven by continued adoption of the company’s suite of premium bundled offerings.
- Mobile phone net additions were 89,000, reflecting an increase of 28,000 year over year due to higher gross loading.
- Telus reaffirmed its 2021 financial targets and forecast revenue and EBITDA growth at 10% and 8%, respectively.
- AT&T’s stock price has declined recently, as the company said it will integrate the WarnerMedia business with Discovery to form a new entity.