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AT&T CEO John Stankey's hard-charging leadership style is winning over Wall Street

1. AT&T is transforming under CEO John Stankey for better market agility. 2. Stankey aims to retire legacy infrastructure by 2029 to enhance competitiveness. 3. The stock has risen 22% this year, outperforming rivals Verizon and T-Mobile. 4. Analysts are optimistic, boosting price targets as fundamentals improve. 5. AT&T anticipates customer churn but continues aggressive fiber optic expansion.

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FAQ

Why Bullish?

AT&T's strategic focus on modernization is attracting investor support, reminiscent of past successful transformations in tech-driven sectors.

How important is it?

The article highlights essential strategic changes at AT&T that align with its long-term relevance and market position.

Why Long Term?

The transition from copper to fiber optics will take years, establishing a longer-term growth trajectory.

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