T: AT&T's 4G LTE Growth Justifies Current Price Multiples

AT&T's 4G LTE Growth Justifies Current Price Multiples
by IncomeHunter

AT&T (T) recently announced it had turned on its 4G LTE network in Bethlehem and Allentown, Pennsylvania, bringing customers the latest generation of wireless technology. Wireless spectrum is a finite resource, and LTE uses spectrum more efficiently than other technologies. LTE networks enable telecoms companies trade at price multiples that are reasonable for investors. In this article, I will show that the growth stories surrounding AT&T justify its current price multiples. read more »

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