Shares of AT&T Rank the Highest in Terms of Level of Cash in the Integrated Telecommunication Services Industry (T, VZ, FTR, ATNI, CTL)
Below are the three companies in the Integrated Telecommunication Services industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
AT&T ranks highest with a CE of $6,000. Verizon Communications is next with a CE of $4,000. Frontier Communications ranks third highest with a CE of $1,000.
Atlantic Tele-Network follows with a CE of $398, and CenturyTel rounds out the top five with a CE of $355.
SmarTrend recommended that its subscribers protect gains by selling shares of Frontier Communications on May 19th, 2016 by issuing a Downtrend alert when the shares were trading at $4.96. Since that call, shares of Frontier Communications have fallen 17.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest level of cash AT&T Verizon Communications Frontier Communications atlantic tele-network Centurytel