Kaminsky's Call: Telecom Giant AT&T in the Hot Seat
Morgan Stanley, Vice Chairman
It doesn't get better than this. Randall Stephenson, the CEO of the world's best-known telecom provider, AT&T, comes into our house and answers our questions today.
My Call To Action has never been simpler; listen to every word he says.
That's what I'm doing, and I'm not making a single investment decision until I hear his answers to the following questions:
1. How is AT&T managing its relationship with Apple for both the long-and short-term? Apple has been the clear beneficiary in this relationship so far. How this deal progresses will be a huge part of AT&T's story going forward.
2. Can the growth of AT&T's wireless business compensate for the sudden decline of its traditional landline business? The fact that landlines have fallen off a cliff is not news. But how AT&T's replacing that revenue is key to the company's future.
3. Will AT&T find another way to reward shareholders other than simply paying a dividend? Its generous payout has not created true shareholder value, and I think that money would be better-spent making acquisitions or funding organic growth.
4. In the next five years, what businesses will AT&T look to exit and enter as the telecom landscape changes? A company the size of AT&T is too big to turn on a dime; they need to think long-term and be strategic. I want to invest where the company sees secular growth.
5. Where does AT&T see the global economy going? AT&T touches every aspect of our lives. If they are seeing signs of growth, then you know it's for real.
You don't have to own AT&T to profit off today's interview. If we can get clear answers to today's questions, we'll not only have a better idea about AT&T's business, but also a number of other sectors that touch this telecom giant.
And that's how you stay ahead of the money.
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Programming note: "The Strategy Session," hosted by David Faber and Gary Kaminsky, airs weekdays at Noon ET on CNBC.
Gary Kaminsky does not hold any equity positions.
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