Shares of AT&T (NYSE: T) have fallen 16% this year due to ongoing concerns about the sluggish growth of its wireless business, high debt levels, natural disasters, declines in video subscribers, and uncertainties about its planned acquisition of Time Warner (NYSE: TWX).
These issues make it tough to get a clear view of AT&T’s future, and investors might be wondering if the telco can still be considered a safe income investment. Let’s take a closer look at AT&T’s business to find out.
Image source: AT&T.