AT&T Inc. (NYSE:T) is included among the 14 Cheap DRIP Stocks to Buy Now.
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On March 31, Goldman Sachs analyst Michael Ng said AT&T Inc. (NYSE:T) has introduced OneConnect, a simplified wireless and 1 gig residential fiber service aimed at new customers. He noted that the offering brings service back to the center of AT&T’s strategy. The digital-only product is expected to address common issues in customer acquisition and reduce service inquiries tied to billing complexity and changes. It may also help the company expand in the value segment, particularly among one- to two-line households.
Goldman views the move as positive for AT&T and negative for Apple. The firm also said the impact on Verizon Communications and T-Mobile is likely to be neutral, as any share gains by AT&T could be offset by lower device subsidies across the industry.
On the same day, Reuters reported that AT&T had agreed to invest about $1 billion to improve the Commerce Department’s FirstNet system. The agreement is also expected to deliver around $1 billion in cost savings through reduced rates, according to a U.S. government agency.
AT&T was originally awarded the 25-year contract to build the federal emergency network in 2017, following recommendations made after the 9/11 attacks. FirstNet is designed to help first responders, including medical personnel, firefighters, and police officers, communicate critical information on a single network. It is currently used by around 31,000 U.S. agencies.
The agreement was enabled by an executive order issued by Donald Trump in early 2025, which directed federal agencies to review existing contracts, according to the National Telecommunications and Information Administration.
AT&T Inc. (NYSE:T) operates as a global telecommunications and technology services provider. The company reports through its Communications and Latin America segments.
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