Fitch affirms AT&T

Fitch Ratings said it affirmed the long- and short-term issuer default ratings for AT&T Inc. as follows: long-term issuer default rating at A and short-term issuer default rating at F1.

In addition, Fitch said it has affirmed the ratings assigned to AT&T's debt classes and the issuer default ratings and ratings of the other AT&T-related issuers,

The outlook is stable.

Key factors considered in AT&T's ratings include the company's diversified revenue mix, its significant size and economies of scale as the largest telecommunications operator in the United States and Fitch's expectation that AT&T will benefit from continued growth in wireless operating cash flows, the agency noted.

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