Goldman Sachs Takeaways From AT&T/T-Mobile Deal (T)
Investor feedback on AT&T's T planned acquisition of T-Mobile has generally been fairly consistent, “including the belief that this deal is logical and plays into AT&T's strong acquisition track record,” Goldman Sachs reports.
“The common concern is regulatory approval,” Goldman Sachs writes. “The derivative impacts included significant reaction to a host of other stocks and surfaced questions on topics such as Tower exposure, Verizon's VZ potential strategic response, and the fate of Sprint S. We offer a perspective on each of these in the note.”
AT&T closed Monday at $28.26.
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Posted In: Analyst RatingsAT&TGoldman SachsIntegrated Telecommunication ServicesTelecommunication ServicesWireless Telecommunication Services
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