S&P Equity Research Picks AT&T Focus Stock of the Week

NEW YORK, Feb. 7, 2011 /PRNewswire/ -- AT&T Inc. (T: $28) has been picked by Standard & Poor's Equity Research as its Focus Stock of the Week.  T carries S&P's highest investment recommendation of 5-STARS, or Strong Buy.

"Despite increasing competition, we believe AT&T's fundamentals are strong," said Todd Rosenbluth, Telecommunications Equity Analyst at Standard & Poor's Equity Research.  "We expect continued gains in consumer wireless, from subscriber additions and from continued data services usage, and wireline data service, from U-verse and enterprise IP services, to offset wireline voice pressure.  We think the delayed recovery in enterprise segment revenues is more dependent upon an improved labor market than AT&T needing to fix its problems.  Despite increased competition in wireless, we believe high brand loyalty, long-term company relationships and a focus on share repurchases are positives.  In our opinion, AT&T's above-average dividend, recently raised, is secured by strong free cash flow."

To view a video of Mr. Rosenbluth discussing AT&T, paste the following link into your browser.  http://link.delvenetworks.com/media/?mediaId=8ad60476f41b4b2eb0ef2634e8889c44&width=480&height=411&playerForm=DelvePlayer

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