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AT&T Teams Up With LifeMD for Virtual Health Care: Can it Aid Shares?

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Key Takeaways

  • AT&T is adding complimentary LifeMD memberships for eligible wireless and fiber customers.
  • T will waive LifeMD's $19 monthly fee, giving eligible customers access to virtual care and pharmacy services.
  • The benefit initially covers 29M customers in 11 states, with nationwide expansion expected in January 2027.

AT&T Inc. (T - Free Report) has added new healthcare benefits for its eligible wireless and fiber customers through a partnership with LifeMD, Inc. (LFMD - Free Report) , offering complimentary access to virtual care and pharmacy services. The collaboration expands AT&T’s customer offerings by providing healthcare services alongside its wireless and fiber products.

Per the agreement, AT&T will provide more than 100 million eligible customers with a LifeMD membership worth $228 annually, waiving the regular $19 monthly fee. Customers can connect with healthcare providers for everyday health needs, obtain prescriptions and access pharmacy services, with many medications delivered directly through LifeMD’s pharmacy.

The company is offering the benefit through AT&T’s &More program, which provides members with savings and special deals. Customers must enroll to activate the complimentary membership and will pay only for the visits, prescriptions, or other services they use. The rollout will initially cover about 29 million AT&T customers in 11 states and is expected to expand nationwide in January 2027.

As demand for convenient telemedicine services continues to grow, the initiative supports AT&T’s efforts to broaden its customer benefits and strengthen engagement across its service ecosystem.

How Are Competitors Advancing in the Healthcare Sector?

AT&T faces stiff competition from Verizon Communications, Inc. (VZ - Free Report) and T-Mobile US, Inc. (TMUS - Free Report) . Verizon is enhancing its healthcare technology offerings with artificial intelligence (AI)-powered solutions for telehealth and connected care. Its AI Connect platform helps healthcare organizations manage secure, real-time data flows. Verizon provides network solutions to support connected medical devices and healthcare facilities.

T-Mobile is strengthening its healthcare offerings with 5G and wireless technologies that support telehealth and virtual care. The company provides private and hybrid 5G networks for healthcare organizations, helping connect facilities, applications and medical devices. T-Mobile’s solutions also support patient monitoring, connected hospital operations and secure digital healthcare services. 

T’s Price Performance, Valuation & Estimates

AT&T shares have lost 8.9% over the past year against the industry’s growth of 94.3%.

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From a valuation standpoint, AT&T trades at a forward price-to-sales ratio of 1.39, below the industry tally of 8.07.

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Earnings estimates for 2026 have increased 1.3% to $2.35 over the past 60 days, while the same for 2027 have risen 0.8% to $2.57.

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AT&T currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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