AT&T post spin off

AT&T: Under $29 To Get WarnerMedia Shares And Keep Legacy AT&T With Yield Is A Bargain

T is spinning off WarnerMedia and merging it with DISCA to form a new company. On T's website, it explicitly indicates, "AT&T's shareholders would receive stock representing 71% of the new company; Discovery shareholders would own 29% of the new company." It doesn't get clearer than this. Every shareholder of T will be receiving shares of the newly formed company once the transaction closes. The details that haven't been released are how many shares will exist and the ratio you would receive per share of T stock. Hypothetically, if the same amount of shares is issued that are outstanding for T, it would be a .71 for one share allocation.

Telecom stocks: Home and abroad

BCE (Bell Canada)

Excerpt:

BCE Inc. is Canada's largest communications company, providing a comprehensive and innovative suite of broadband communication services to residential and business customers in Canada. Powered by industry-leading investments in media content and broadband networks, Bell services include high-speed Fibe Internet, Fibe TV, Satellite TV, Bell Mobility and Virgin Mobile, Home Phone local and long distance services as well as IP-broadband services and information and communications technology (ICT) services.

Comment: T is my Mother's favorite stock because Dad retired from there with 44 years of service. It's best to not invest emotionally. I like all of these because they basically function like a utility. They pay good dividends and are solid but unexciting. If you are under 50 ... buy the growth stocks like GOOG or AAPL.