by Amruth Sundarkumar | Sep 7, 2022 | Investment Grade Bonds
High duration and long-tenor dollar bonds of companies rated in the AAA to A bracket, the top-tier of the credit rating bucket, saw their prices top the losers list yesterday. These included bonds of companies like AT&T, Amazon, Alphabet, Temasek, Pepsico etc....
by Amruth Sundarkumar | Jul 22, 2022 | Corporates, Investment Grade Bonds
Telecom giant AT&T reported a 17.1% YoY fall in revenue to $29.6bn vs $35.7bn in Q2 of the previous year due to US video separation in Q3 2021 and certain other divested businesses. Net income declined 12.1% QoQ to $4.5bn or EPS of $0.59. During Q2, the mobility...
by Amruth Sundarkumar | Apr 22, 2022 | Corporates
US-based telecommunications giant AT&T posted a 2.5% YoY revenue increase for its core phone and internet business thanks to wireless and broadband revenue growth expansion in fiber internet and 5G services. During Q1, the company added 289k fiber internet...
by Amruth Sundarkumar | Mar 10, 2022 | Corporates, Investment Grade Bonds
AT&T and Discovery raised $30bn via a 11-part jumbo bond offering, securing funding for the combination of their media businesses. Details of the issuance are given below: The bonds were issued via a unit called Magallanes Inc. and are rated Baa3/BBB-...
by Amruth Sundarkumar | Feb 3, 2022 | Corporates
American telecom major AT&T announced on Tuesday that it will be spinning-off WarnerMedia in a deal worth $43bn and concurrently merge its media properties with Discovery Inc. As part of the transaction, AT&T shareholders will own 71% of the new Warner Bros....
