https://www.wsj.com/video/watch-att-ceo-john-stankey-at-wsj-tech-live/B6BD61FB-9CFE-4481-8191-E92E4CB978BB.html
TAKEAWAYS:
1-Stankey acknowledged the material impact the current economic backdrop h
2-WarnerMedia’s legacy of fantastic storytelling to engage consumers and gain insights across multiple distribution points is exploding.
3- Monetization of non-core assets will continue.
4-AT&T was recently named the “Best Wireless Network” for the third year in a row.
5-Stankey said that he expects the ability to bundle wireless services with HBO Max very soon.
6-Stankey is pleased with the initial performance of HBO Max.
7- HBO Max has generated solid levels of viewer engagement.
8-AT&T customers had higher levels of HBO Max engagement and activations.
9-Broadband accessibility to provide universal access to broadband with federal government will help
10-significant 5G network improvements to challenge T -Mobile
11-Limited visibility into the longer-term economic effects due to pandemic.
12-AT&T has provided guidance that it expects a dividend payout ratio at year-end 2020 in the 60s% range.
13-Reiteration that AT&T have the Best national wireless performance in USA
14-Lots of Free cash flow to pay dividend