In the midst of the Trump admin's review of AT&T’s (T) USD 23bln deal to buy spectrum licenses from EchoStar, CEO Stankey paid the president a visit earlier this week, Semafor reports

The visit of AT&T's CEO to President Trump amid the review of the $23 billion EchoStar spectrum deal signals potential lobbying or negotiation efforts that could influence regulatory outcomes. If this deal proceeds favorably, it may enhance AT&T's competitive positioning in the telecommunications sector and have positive implications for its stock. Investors should watch for further developments, as the approval process could shift market sentiment around AT&T's valuation and sector dynamics.