AT&T Still in Debt?

1

Following a string of acquisitions, including the $85.4 billion purchase of Time Warner, AT&T’s (T) total debt has risen, standing at $183.4 billion as of the end of the third quarter. AT&T is focused on reducing this heavy debt load. AT&T is expecting to generate $26 billion in free cash flow in 2019, an amount it will use to meet its day-to-day expenses, pay dividends as usual, and pay down debt worth as much as $12 billion.

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here