Looks like there is no way out. No future here seriously this thing is getting pretty bad. Armageddon soon.
16 replies (most recent on top)
"I don’t understand the people (management, at least, not speaking of union people) who are not directors or above who are trying to “hang on” until retirement. The really good retirement benefits are long gone. This whole “we don’t know what the future holds” is what everyone else in the free world who doesn’t work for a dinosaur corporation like T deals with on a daily basis. "
Why are you still hanging on to this dinosaur corporation then? You are directors or above, and you feel entitled to preach others to leave so you can "hang on" to reap your generous retirement benefits that the lowly workers were deprived of?
This comment is probably relatively accurate, however what isn’t in it is that there will only be about 50k employees when all is said and done globally.
“Company will be fine for a long time to come. No there isn’t going to be any new big thing to boost the stock price to the moon. Wireless is a race to the bottom and it’s bouncing off the bottom, internet is the key, then wireless spectrum. It’s going to be fine, just not an exciting growth company.”
The trick Mr. Stankey will have to pull off is getting the free cash flow up to $16 billion before year end while it was currently reported to be at $1 billion EOQ 2! Good luck with that trick!
The only certainty is the Stink will continue to reap huge bonuses.
TS for everyone else!
I don’t understand the people (management, at least, not speaking of union people) who are not directors or above who are trying to “hang on” until retirement. The really good retirement benefits are long gone. This whole “we don’t know what the future holds” is what everyone else in the free world who doesn’t work for a dinosaur corporation like T deals with on a daily basis.
Why not find a local government job? You’ll have to be caught with a dead woman or with a live boy to be fired from one of those. They are VERY similar to a huge company like T: you can do little work and spend half the year hiding under your desk like George from Seinfeld and still get raises. Find a government job now, quit T, and take your pension money and run. It’s really not that big of a deal. This is what most people deal with in the real world incessantly. The whole “retiring” from a company is a 20th century business model anyway.
Maybe we can get in the DeLorean and go back and not make all the bad purchases
The bus is riding on the rims and running low on fuel!
We are back up to $16 stock! (For now) LOL
Company will be fine for a long time to come. No there isn’t going to be any new big thing to boost the stock price to the moon. Wireless is a race to the bottom and it’s bouncing off the bottom, internet is the key, then wireless spectrum. It’s going to be fine, just not an exciting growth company.
Company will do just fine, many workers no so much
T is critical infrastructural. It be here in one form or another.
"Going from 16b free cash flow to 15billion and still paying 8 billion dividend. How do you calculate bankruptcy from that? "
Yeah, but what if it comes in at 10-12 instead of 16? Not much room to invest in the business and the dividend gets cut, stock price tanks, wash and repeat until ???
I think July 21 will be the real day to watch. If FCF is still down by a large margin, it would be a good indication the wheels are coming off this bus.
Going from 16b free cash flow to 15billion and still paying 8 billion dividend. How do you calculate bankruptcy from that?
Bankruptcy
Perhaps, but the debt is far more detrimental to the viability of T’s existence than you know! Will T survive, probably, but it will continue to limp along in 3rd place!
Sorry bud, T will be just fine ,fewer mouths to feed and still a big massive moat with frequency spectrum, mobility and government contracts , sh-t if they go ibig into wireless broadband they could get a new fat revenue source.. Debt is still a.concern but as long as the economy doesn't go ti-s up this year ,they'll survive fine.