https://share.google/8ma5vFOtYmvuBkTt5
11 replies (most recent on top)
Every time I read these stories I think T bought another telecom. Holy cr-p Spectrum!? the cable company?! What is the debt at now?!
@b2
I think you meant...
We make communication go to t-mobile
@at ericsson carries the company YOU’RE** welcome
We make communication go
Mobility carries the company. Your welcome.
Stank will say how stategic this buy was.
Get out your b&llsh&t bingo cards.
Buying spectrum we no longer have the expertise to monetize with borrowed money just to keep it out of the hands of competitors is not a sound strategy. We are practically a spectrum holding company already.
https://finance.yahoo.com/news/t-t-stock-drops-despite-224504401.html
AT&T's debt load will catch up with it. The firm carries far higher leverage than it has historically, and its dividend payout remains high. Prematurely buying back shares will further hamper the balance sheet.
Advancing technology will eventually swamp AT&T's business, enabling a host of firms to enter the market, further commoditizing wireless and broadband service.
The cost of maintaining dominance in the wireless industry by controlling spectrum has been exceptionally. AT&T has spent more than $60 billion since 2020 for licenses with few prospects for incremental revenue.
Another billion dollars out the door, paid in cash, while the stock keeps bleeding and investors keep downgrading us. Sure, spectrum matters, but at this point every “strategic” buy just looks like more capital misallocation layered on top of massive debt and zero stock momentum. If this was such a great deal, the market would care. It doesn’t.
This is the same pattern every time… spend big, promise long-term value, deliver none, then wonder why confidence keeps evaporating. At some point it stops being bad luck and starts being bad leadership.
Sub-$20 here we come! Just keep burning cash! Maybe if stinky and ratty didn’t hand it all to t-mobile years ago we wouldn’t have to keep purchasing more at inflated prices. We really cannot afford this right now.