AT&T to Modernize Networks for U.S. Customs and Border Protection in $119M Deal

September 27, 2022

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At&t Inc Stock Intrinsic Value – AT&T($NYSE:T) has been awarded a task order to modernize networks for U.S. Customs and Border Protection . The contract is valued at up to $119 million, if all options are exercised over the 11-year term of the deal. This modernization effort will help CBP keep pace with the ever-changing landscape of threats at our nation’s borders. AT&T’s experience in managing complex network transformations will be critical in helping CBP upgrade its network infrastructure. AT&T’s solutions will enable CBP to improve its network security, performance and reliability.

The new network will also be more scalable and flexible, allowing CBP to quickly adapt to changing needs. This is a critical capability given the dynamic nature of border security. We are honored to support the vital work of CBP in protecting our country. This contract builds on our longstanding relationship with CBP and our track record of delivering mission-critical solutions.

Price History

The project includes the upgrade of CBP’s voice, data and video communications systems. The news of the contract has been well-received by the media and investors, with AT&T stock opening at $15.9 on Monday and closing at $15.7, down 2.1% from the previous closing price of $16.0. Despite the slight dip in stock price, AT&T remains confident in its ability to deliver on the contract and upgrade CBP’s network infrastructure.

VI Analysis – At&t Inc Stock Intrinsic Value

AT&T Inc. is a holding company that provides communications and digital entertainment services in the United States and internationally. The company operates through four segments: Communications, WarnerMedia, Latin America, and Xandr. The Communications segment offers wireless and wireline voice and data communication services to consumers, businesses, and government entities. The WarnerMedia segment creates and distributes content through various channels, including television, streaming services, and other platforms.

The Latin America segment offers wireless and wireline voice and data communication services, as well as pay TV, to consumers and businesses in Latin America. The Xandr segment provides advertising and analytics solutions to advertisers and content providers.

Summary

AT&T INC is an American multinational conglomerate holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world’s largest telecommunications company, the second largest provider of mobile telephone services, and the largest provider of fixed telephone services in the United States through AT&T Communications. AT&T is also the largest pay-television provider in the United States through DirecTV. Under the terms of the deal, AT&T will provide CBP with a “fully managed, end-to-end network solution” that will include “advanced IP network services, security, cloud connectivity, and collaboration tools.” The new network will help CBP “improve mission performance and meet the demands of its growing workforce,” AT&T said in a statement.

With these two contracts, AT&T is now responsible for helping to modernize the networks of two of the largest federal agencies in the United States. Investing in AT&T Inc. may be a good idea for some people. The company has a history of stable and consistent growth, and with these two large contracts, it seems poised to continue this trend.

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