AT&T Inc (T.N) said some subscribers are taking more time to clear their bills, which partly led the U.S. wireless carrier to cut its annual free cash flow forecast by about $2 billion, sending its shares down as much as 11% on Thursday.
https://www.reuters.com/technology/att-lifts-wireless-service-revenue-growth-forecast-strong-subscriber-additions-2022-07-21/
Maybe force Stankey and Pascal to perform a daily search of all sofa cushions in the Whitacre tower for loose change. This would definitely help boost the financial metrics every quarter.
Not buying it! No way that customers paying their bill two days late lead to a cut of $2B in annual cash flow. Sorry! Where is Pascal?
something smells, check the bowels of the ancient co for corpses
There is value to this company. But the value will improve greatly if the CEO (Clown Egomaniac Occupant) is replaced with a real CEO that can run the ship.
Is this an attempt to manipulate stock price so the big money can buy low ?
I never realized that paying my bill two days late could have this type of effect. Why not charge a $20.00 late fee if paid after the due date?
Yeah yeah subscribers are paying late and big giant T is on trouble. Stinky thinks shareholders are stupid or have a damaged brain. Maybe u have damage brain if u are T shareholder?
AT&Titanic
It's getting ugly! T's financials are in the dumpster!