André, RosárioWeber, Julia Caroline2022-06-222022-06-222022-01-112021-12-17http://hdl.handle.net/10362/140495This report is an Equity Research report on AT&T Inc., the US communications company. It represents an attempt to determine the fair value of AT&T's stock based on an in-depth industry and competitor analysis and a detailed analysis of the company itself, including its financial health and strategy, to give a buy, hold or sell recommendation in the context of academic purposes. The below part is section II out of II and focuses on the valuation of AT&T and on the analysis of potential synergies arising from the merger of AT&T’s segment Warner Media with Discovery Inc.engValuationFinanceCommunicationsEquity researchmaster thesis202972879