AT&T has been on the decline simply because of schizophrenic leadership. We were a software/tech company(not really, but Donovan and the VPs he brought didn't think placing fiber and cell site equipment was se-y enough), an entertainment company (wildly successful foray into satellite TV) all because the Randall's were jealous of tech companies using our pipes and didn't want to be the mere supplier of broadband access even though it "was" the core competency. This is what happens when you 1. you ki-l innovation - innovation that could accelerate delivery (build) and better target where to deliver. 2. Make decisions based on jealousy and have a track record of cutting(jobs) in hopes to appease investors - Institutional Investors look for innovation and long term growth.
@rwl+1mEKK3a9 is 100% right.