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Feb 13
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$8.39
$7.99
-4.8%
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LONG
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John Stankey
CEO, AT&T
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When discussing hitting the target of 40 million fiber passings, Stankey notes, "We're going to use their [Lumen's] build engine to build faster." This is a direct validation of Lumen's infrastructure capabilities by a major competitor/partner. It implies revenue flow to Lumen and validates their asset value in the fiber ecosystem. LONG Lumen as a critical infrastructure vendor/partner. Lumen's high debt load and execution risks on their own turnaround. |
CNBC
Squawk Pod: AT&T CEO John Stankey & Treasury ...
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