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AT&T stock drops 30% on Starlink fears, but long-term value remains strong.

Market News
14 Jul 2026
Seeking Alpha
View Source
Bullish
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AT&T's stock has fallen about 30% due to concerns over Starlink's plans to enter the mobile market directly. Despite Starlink's technological advances and spectrum acquisitions, significant operational and regulatory challenges limit its immediate threat to U.S. carriers like AT&T. AT&T's strategic spectrum purchases, strong buyback plans, and expected $45 billion in shareholder returns suggest it remains a solid value investment. The company is seen as resilient with potential for 3-4% annual growth and a path to reduce debt by 2028.

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