01-26-2016, 11:30 PM
To Dividend Watcher's point, from Seeking Alpha's breaking news on T:
AT&T (T; now down 2.1% after hours) guided to capital spending of about $22B for 2016, and in its Q4 earnings call, CEO Randall Stephenson and CFO John Stephens indicated the company had some work cut out keeping merger integration on track along with other commitments.
****"Over the next few years we want to get our debt levels back to where we're comfortable"**** before talking about a share buyback of any magnitude, Stephenson said, though Stephens noted a key priority: "We're gonna pay our dividends." As for the upcoming spectrum auction, Stephenson was noncommittal but "I haven't been bashful" about grabbing an opportunity for a 2x10 block if it were there, for example.
AT&T (T; now down 2.1% after hours) guided to capital spending of about $22B for 2016, and in its Q4 earnings call, CEO Randall Stephenson and CFO John Stephens indicated the company had some work cut out keeping merger integration on track along with other commitments.
****"Over the next few years we want to get our debt levels back to where we're comfortable"**** before talking about a share buyback of any magnitude, Stephenson said, though Stephens noted a key priority: "We're gonna pay our dividends." As for the upcoming spectrum auction, Stephenson was noncommittal but "I haven't been bashful" about grabbing an opportunity for a 2x10 block if it were there, for example.