AT&T published a mixed set of Q2 2018 results on Tuesday, beating market expectations on earnings, although revenues fell short of consensus, as it reported its first quarterly results since the close of its mega-merger with Time Warner. In this note, we take a look at what lies ahead for the company’s content and advertising businesses going forward.  

We have created an interactive dashboard analysis which outlines our expectations for AT&T (standalone) over 2018. We are in the process of updating our model for the earnings and TWX acquisition.