Sector: Communication Services | Focus: Integrated Telecommunication Services
HQ: Dallas, Texas
Financial Risks
Adverse economic/political changes (inflation, interest rates), increased benefit plan costs, outcomes of FCC proceedings (net neutrality, digital discrimination), tax law changes, supply chain disruptions, competitive pressures, network failures, cybersecurity incidents, accounting standard changes, and uncertainty surrounding government spending. Potential litigation and arbitration also pose risks. Further regulation and compliance costs are also mentioned.
Financial Upside
Growth in wireless and broadband services, subscriber gains, and ARPU growth are potential upsides. Receivable sales programs, distributions from DIRECTV, and favorable exchange rates in Mexico are also positive factors. Capital expenditures are focused on network enhancements, which could lead to future revenue growth. The company is actively managing supplier payments to optimize cash flow.
