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Is AT&T Stock a Buy?

Is AT&T Stock a Buy?

The tepid growth of its wireless segment couldn't offset its loss of pay TV subscribers and WarnerMedia's pandemic-related disruptions, and it continued to burn cash on its streaming services to challenge Netflix, Disney, and other platforms. AT&T's debt levels remained high, and some investors questioned the sustainability of its dividend. T-Mobile (NASDAQ: TMUS) also surpassed AT&T as the second-largest wireless carrier in the U.S. after it merged with Sprint last April.