Zacks' 7 Best Stocks for June, 2013
FREE Report for Zacks.com
Visitors Only

They're hand-picked from the list of Zacks Rank #1 Strong Buys. Our experts predict that their prices will jump the soonest.

Today, you can see them free.

Close This Panel X

Are you a new Zacks Member or a visitor to Zacks.com?

Recent Quotes

No Recent Quote currently available

My Portfolio

My Portfolio Tracker

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Stocks on the Move 05/21/2013

Company Name Symbol %Change
SCIENTIFIC L SCIL
8.00%
NATUS MEDICA BABY
6.11%
SUMMER INFAN SUMR
6.02%
RADIANT LOGI RLGT
5.32%
NEW ORIENTAL EDU
4.51%

AT&T Bolsters U-Verse Offerings

by Zacks Equity Research

October 16, 2012 | Comments : 0 Recommended this article: (0)
T S VZ VIA

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

The second-largest U.S. mobile service provider AT&T Inc. ( T - Analyst Report ) has inked a deal with Viacom Inc. ( VIA - Snapshot Report ) to add several Viacom channels to its U-verse TV online offerings.

With the AT&T U-verse ID, AT&T customers will now get to view the full-length episodes from BET, Comedy Central, MTV, Nickelodeon, Spike and VH1 on demand through Viacom's network-based websites like www.mtv.tve. Also, customers will soon get the access to these services on their mobile devices including smartphones and tablets.

This is the first “TV Everywhere” offering from AT&T and Viacom. AT&T’s U-verse service offerings are a huge success and gaining strong momentum in the market. Healthy growth from its U-verse video (U-verse TV and bundled satellite) services is helping AT&T to counter increasing competition in the business from its major rivals – Verizon Communications Inc. ( VZ - Analyst Report ) and Sprint Nextel Corp. ( S - Analyst Report ) . The U-verse services coupled with support from business revenue, in particular strategic services, are driving the growth in the wireline business.

Revenue from residential customers edged up 1.7% year over year (maximum growth in more than four years) to $5.5 billion in the second quarter, driven by AT&T U-verse services. AT&T's total video subscribers, which include U-verse TV and bundled satellite customers, touched 5.8 million at the end of the second quarter. Total U-verse TV subscribers reached 4.1 million with the net addition of 155,000 customers on continued high-speed Internet attach rates. Strategic business services such as Ethernet, Virtual Private Networks, hosting, IP conferencing and application services, spiked 13.5% year over year.

We believe the expansion of U-verse services will continue to boost data revenue and ARPU (average monthly revenue per user) in the wireline segment.

We are maintaining our long-term Neutral recommendation on AT&T. The company retains the Zacks # 3 (Hold) Rank for the short term (1–3 months).

Email Print Share Rate Pos Rate Neg

Read/Post Comments (0) | Recommended this article (0)

Please login to Zacks.com or register to post a comment.

Zacks Research is Reported On:

Zacks Investment Research

is an A+ Rated BBB

Accredited Business.