If AT&T had:
Skipped DirecTV & Time Warner
Kept debt $250 B today
→ Same dividend dollars, but 2× per-share payout and higher equity value
This is the opportunity cost of “empire building.”
The acquisitions didn’t create incremental distributable cash; they masked stagnation until the balance sheet cracked.
and don't forget digital life too. Real smart huh....... bout as smart as isis, or is it softcard. Might as well bring back siebel at this rate - oh wait we did - salesforce.
What a lopsided world we live in.
You’re an 1di0t - you call the OP a “ Stupid a$$” but you basically agree that AT&T Leadership made a massive run of investments that didn’t benefit customer, employees, and most investors.
Stankey paying a lot of US workers. A man's man.
Getting rid of unneeded workers. Don't want to keep workers around when there isn't work for them. Just rehire when needed.
Stupid a$$. The acquisitions and subsequent sales were perfectly orchestrated transactions you simpleton. Each were skinned and filet’d and their value transferred in plain sight to the investment firm based in Texas. It is true that the public eye and common man loses focus and hasn’t the slightest capacity to see the bigger picture.
Assets were transferred out on our dime. Cash payouts, especially during the final equity transfer of DTV last year, were distributed to the stakeholders. Keep crying about what a miserable job Stankey is doing, that’s what he wants. That way you don’t follow the money and the stench of AT&T’s billion dollar 3 card monty scam. It worked so well they decided to do it with people, in waves. What a disgusting, wretched, he-l hole of a decaying holding company. You can smell the stench of immorality and decay with each trip to the office. RTO=Return to ORFICE.