AT&T Vs. Telefonica: Only One Of These High-Yields Is A Buy
Summary
- Telefonica and AT&T are high-yield telecoms with checkered pasts.
- Both have made a lot of progress towards deleveraging and putting their businesses and dividends on a more sustainable path.
- We compare them side-by-side and share our take on which is the better buy today.
MarsBars
AT&T (T) and Telefonica (NYSE:TEF)(OTCPK:TEFOF) are two investment-grade, high-yielding, and slow-growing telecom stocks that have dominant positions in their home markets. AT&T is primarily a U.S.-based business, whereas Telefonica is primarily European-based, with its home market in Spain, but
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