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AT&T stock suffers worst drop in more than 2 decades as cash flow dries up

Por: MarketWatch Business April 20, 2023

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Capital investments, device payments and incentive compensation “all peaked in the first quarter,” Chief Financial Officer Pascal Desroches said on the company’s earnings call. Amir Rozwadowski, the company’s head of investor relations, told MarketWatch that the company’s capital investment was up on a year-over-year basis in the quarter due to the timing of 5G and fiber build-out initiatives. “That’s a function of cadence,” he... + full article



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