AT&T IS THE ONE MOST HATED MONOPOLISTIC CORPORATION IN US, Analyst Craig Moffett said AT&T will probably be broken up at some point.
“I think if you take your crystal ball and look out a little bit, it’s hard to see that portfolio staying together forever,” Moffett said.
Wireline=union=death. Every unionized industry has been run into the ground. You couldn’t pay someone to take wireline!
The board is running T into the ground, in preparation for a takeover/buyouts. They stand to make a k–ling off the transaction(s)! And don’t forget all the stock/options that Randy holds!
The only thing linear and binary in this thread is your approach:
Uh, there are currently over 115 million fixed landline connections In the US at an average of $40-$60 a month. There is a market out there that consistently produces more then the latest greatest HBO streaming product that At&t is giving away for free to show customer numbers. Just think if they didn’t do everything they could to destroy this market the last 20 years and actually invested in it.
It will be Wireless and Warner. Infrastructure spin off with T having a majority ownership and a lot of debt will go with it.
Oh good grief....
Yup. Stating the obvious and basing analysis on things that are literally right in front of you is a perfect example of "linear and binary" thinking. Thanks for making my point. LOL. Be well. I am stepping out of the "gotta' have the last word" ping pong battle. I have to go wash my hair.
Oh good grief...
So stating the obvious is “linear, binary thinking”?
Your expert analysis is that all of those are companies are just lining up to purchase T’s cable plant, yet T is refusing to sell? Really?
I love this time where everyone is falling all over themselves to appear witty and clever and patronizing, while ignoring the common sense that’s literally right in front of them.
Don’t think your going to dupe any cable company with that antiquated copper plant! Forget about it! They had many chances to upgrade to fiber but muffed it spending money on failed acquisitions and the senseless purchase of DTV when they had a better product with Uverse!!
They’ve been talking about this for 20 years. The only time they sell anything is after they’ve already bought another successful company, run it into the ground, and then sell it for pennies on the dollar.
att is stuck between a rock and hard place plain and simple and something will eventually have to give. nobody I know wants any service from att and that will be a big hurdle if ever to overcome.
At this point, I honestly do not think AT&T is being managed for growth, profitability, or long term success. I thin what is happening is, RS, and his successor team, have put the company into such a hole, that any return to being a strong, growing company, is pretty much off the table at this point. I think what we’re seeing is, the so-called leadership team, taking marching orders from Wall Street and setting this clown show up for another eventual breakup in to a series of much smaller companies, hopefully with competent management this time around.
@wnj and @qfo. Linear, binary thinking is precisely why AT&T is stunted in growth. Frontier being in bankruptcy has nothing to do with whether other MSOs would have an interest in purchasing AT&T service territories. And if you think for one moment that the Cox Communications, Spectrums, Mediacomms, Cable Ones and CenturyLinks of the world wouldn't jump at an opportunity to augment some of their select markets with current AT&T subs; guess again.
Get with the program, Frontier is currently in bankruptcy.
This has nothing to do with whether T should sell legacy wireline assets or if it even makes sense to do so. There is no buyer out there so it’s a silly waste-of-time discussion.
@zif To answer your question, yes. Frontier did purchase copper and broadband footprints/customers from Verizon with the intention of upgrading. So, it would be possible that AT&T could sell existing TDM network infrastructure and associated customers if it chose to do so. Before some folks on this thread climb in my face; I am not saying that we would; only stating that we could.
Here is the news release: Frontier Communications, one of the nation’s fastest-growing telecommunications companies, has acquired all broadband and landline services from Verizon in the states of Texas, Florida, and California. Verizon sold these territories to Frontier with the $1.8 billion acquisition allowing Frontier to provide customers with faster Internet services to more households throughout multiple states. The Frontier/Verizon deal ensures that all remaining landlines will be upgraded to the latest technology and will provide customers with the best service available in the new areas.
Verizon sold their New England landline operations to FairPoint in 2007 and shortly thereafter went bankrupt. They claimed that they were sold a deteriorating asset and they took on a lot of debt in the deal. Regulators are now on high alert about deals like this so it won't be easy to pull off any such deals in the future.
Craig Moffett has no love for AT&T and its recent diversification into media/entertainment. Many of his calls have been correct including his criticism 20 years ago of over expansion in the long distance industry that turned out to be accurate.
@qnw I want to stay out of the sword fight between the OP and the Mister Know-It-All dude or dudette. But, didn't Frontier buy a bunch of Verizon copper network and customers in New England a couple of years back?
@vul: "sell off wireline assets on copper" – I don't see that happening – who would want it along with dealing with the local regulations for plain old telephone service?
“AT&T will self-disassemble as it sells-off business units to pay down the $185 Billion debt that it has accumulated under the current leadership. We will first relinquish businesses that run on older tech platforms. Look for us to sell our wireline assets on copper and coaxial, satellite linear TV, etc. When we have run through those assets, likely we will next seek to sell-off Mobility subs that are outside of our new 50 MSA focus. There will be no need to be "broken up". We'll lose large chunks all on our own; kinda' like a glacier does when the climate gets too warm. AT&T is in a sauna room now with its competition eating our lunch.”
This post makes zero sense. Best stick to managing the failing DTV business.
The comment is quoted exactly as written. Apparently you don’t understand what the term “reading comprehension” means. Maybe that’s why you were laid off?
@bck+16nT9pF8 Reading comprehension doesn't seem to be your bag. Leave intelligent responses to the intelligent.
“Look for us to sell our wireline assets on copper and coaxial, satellite linear TV, etc.”
Um, you do realize that you have to have a buyer in place first in order to sell something. There’s no buyer for our copper plant, and when you say “wireline”, that includes fiber.
Better leave the strategic speculations to those that understand how our business works.
AT&T will self-disassemble as it sells-off business units to pay down the $185 Billion debt that it has accumulated under the current leadership. We will first relinquish businesses that run on older tech platforms. Look for us to sell our wireline assets on copper and coaxial, satellite linear TV, etc. When we have run through those assets, likely we will next seek to sell-off Mobility subs that are outside of our new 50 MSA focus. There will be no need to be "broken up". We'll lose large chunks all on our own; kinda' like a glacier does when the climate gets too warm. AT&T is in a sauna room now with its competition eating our lunch.
Fake news
Wishful thinking, probably won't happen, at least not while current crop of Capitalism friendly politicians are in office .