Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  AT&T    T

AT&T

(T)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

AT&T : Hulu Buys AT&T's Minority Stake in Joint Venture

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/15/2019 | 05:41pm EDT

By Stephen Nakrosis

AT&T Inc. (T) and Hulu on Monday said AT&T has sold its minority stake in Hulu back to the streaming video joint venture.

The transaction valued Hulu at $15 billion, with AT&T's 9.5% interest valued at $1.43 billion, the companies said.

AT&T said it will use proceeds from this transaction, along with additional planned sales of non-core assets, to reduce its debt.

"We thank AT&T for their support and investment over the past two years and look forward to collaboration in the future. WarnerMedia will remain a valued partner to Hulu for years to come as we offer customers the best of TV, live and on demand, all in one place," said Hulu Chief Executive Randy Freer.

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

This article is part of a news chaine.
Article 2 / 2
<< Preceding Next >>
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AT&T
04:49pAT&T : Dispute pulls CBS off the air for DirecTV customers
AQ
05:24aCBS stations go dark for DirecTV customers amid contract dispute with AT&T
RE
02:55aCBS Goes Dark on AT&T Amid a Dispute
DJ
07/19NETFLIX : 2Q dud rattles investors as competition heats up
AQ
07/18MICROSOFT : shares hit record highs, powered by growing cloud sales
RE
07/18AT&T : TitleHBO Max Assembles Original Content Dream Team
PU
07/18AT&T : All the Reasons Not to Buy a 5G Phone Right Now
DJ
07/18AT&T : DreamHack and AT&T announce new U.S. agreement
AQ
07/18Netflix to roll out cheaper mobile-only plan for India
RE
07/17AT&T : Goes Deeper Into the Cloud With Microsoft Azure Deal
DJ
More news
Financials (USD)
Sales 2019 183 B
EBIT 2019 30 555 M
Net income 2019 19 358 M
Debt 2019 157 B
Yield 2019 6,24%
P/E ratio 2019 12,6x
P/E ratio 2020 11,6x
EV / Sales2019 2,17x
EV / Sales2020 2,11x
Capitalization 239 B
Chart AT&T
Duration : Period :
AT&T Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AT&T
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 34,79  $
Last Close Price 32,79  $
Spread / Highest target 46,4%
Spread / Average Target 6,10%
Spread / Lowest Target -36,0%
EPS Revisions
Managers
NameTitle
Randall L. Stephenson Chairman, President & Chief Executive Officer
John J. Stephens CFO, Principal Accounting Officer & Senior EVP
Joyce M. Roché Independent Director
Laura D'Andrea Tyson Independent Director
Matthew K. Rose Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AT&T14.89%239 306
CHINA MOBILE LTD.-5.10%185 323
SOFTBANK GROUP CORP-27.32%92 536
NTT DOCOMO INC9.04%81 532
T-MOBILE US21.73%66 149
KDDI CORP11.60%58 455