Thread regarding AT&T layoffs

He's an AT&T hater, like the rest of the ingrates who complain here.

Big beautiful debt to Make AT&T Great Again.

T-mobile survives on 65% of the same ARPU as AT&T. If we can figure out how to trim the fat, we will be fine.

It comes down to can they cut down the debt. They are struggling. Debt is at 160 billion or so. They are counting on getting some money from DirecTV and Time Warner Transactions to pay for that.

The cash flow lets them do the promotions for now. But cutting debt down in long term is key, whether they can do that or not. Clearly they had to cut dividend once. I don't know if even current dividend is safe. If I were in market, I shy away from AT&T stock, way too risky with that debt. Still, clearly AT&T promotions is putting the hurt on Verizon and T-Mobile as they have had to do the same and at least relative to Verizon AT&T is grabbing more post paid (key customer type) subscriptions.

Bought DTV for between 63 and 67 billion depending on who you believe. Selling it off for 16 B and change - and Buyer TPG just floated a sale proposal for roughly 7 B in bonds on Monday to cover the debt load owed to T. So it's worth what - 9 billion in real money - great flip - not.

Similar story with the Warner Media WTF spin off.

Now Xandr is being dumped to Bangalore.

Don't forget we just agreed to start pumping on Charlie Ergen's Dish member so he can burn us with our own cellular network - but, but, but we get 5 billion over 10 years! Woohoo.

If only I had stayed in school to get my MBA - I could be just as stupid and a lot wealthier than I am with my stupid Bachelors degree.

It’s true. You’ll see as the next quarters don’t improve because something like heavy promotions and giving away the kitchen sink aren’t sustainable quarter after quarter. Read between the lines, they dumped the failing tv products into another company so they don’t have to report the numbers as part of their earning report anymore but that doesn’t mean the debt magically disappears. Right now T is having fire sales and trying to play catch up once again in regards to 5G and fiber. They way the company is backpedaling on everything looks like a company desperately trying to stave off bankruptcy or a takeover. Stinky is for sure trying to save his neck. The company has pretty much given up on every adventure they took and are trying real hard to revert to a communication company except with a whole lot of debt. The stock price has no reason to recover when it’s weighed down by debt, the worst leadership since GE, furious investors who got played by a fake dividend, and no strategy to get out of it. Everything in the past quarters have amounted to excuses by a CEO way over his bald head. T price is going to be in the bargain bin soon and I would wait until it’s in the lo double or single digits and it gets a boost from Reddit stonk investors. It’s ripe to be the next meme stock. The way its backend is being sent to Microsoft and google tells me eventually a big tech company will either take it over or come into an agreement to be majority owner. Google fiber might actually finally come to fruition. Minus Stinky of course.

There is also some conversation about this on SeekingAlpha. Seems concern is per customer margins are going down. That was also true with the Q1 earnings.