"AT&T needs a management shake-up. Everything has become so stale and stiff at AT&T that the company needs new leadership. John Stankey has spent his entire 37-year career at AT&T. Now, that's a good thing, but it is also a bad thing. How can we expect AT&T to reform its corporate culture with a lifelong AT&T executive as CEO? A change is required for AT&T to become more efficient, growth-oriented, and increasingly profitable. Therefore, more changes are needed at the organization's top to improve its bottom line eventually. Nevertheless, now that the media spinoff is complete, AT&T can focus on its core operations, and its stock is exceptionally cheap now."
https://seekingalpha.com/article/4613026-att-strong-buy-with-a-6-pe-and-a-7-percent-dividend