AT&T Inc (T) is trading -10% lower at $18.43 today.

Investors are wary of the telecom behemoth's disappointing free cash flow forecast, which overwhelmed the consensus-beating second-quarter results.

AT&T expects its full-year free cash flow of $14B, down from guidance of $16B. According to Seeking Alpha, "the decline is due to longer collection times for customers, higher costs of adding subscribers and continued pressure in its business services unit. AT&T (T) said that $10B of its free cash flow will come in the second half of this year."

AT&T Inc has been trading between a 52-week high of $26.73 and a 52-week low of $18.25. The stock has a market cap of $132 Billion.

AT&T Inc. is a diversified, global leader in telecommunications, media and entertainment, and technology. AT&T Communications provides more than 100 million U.S. consumers with entertainment and communications experiences across TV, mobile and broadband.

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