AT&T has a substantial portfolio of parents it could sell to raise cash to meet cash flow.
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You’re not selling my parents. Though I bet they try.
Have you seen some of these patents? Most are worthless and only submitted for status and awards.
Whose "parents" are they selling?
Sell AT&T labs to Apple or Google.
IBM had the most patents of any company for many years running and look what happened to them - no longer relevant. Same for AT&T. Glory days gone. New Kids on the Block are driving the tech world now.
AT&T needs a large infusion of cash. Capex, Debt. Dividends, and Pension costs are crushing the company financially.
Kodak did the same when they needed to raise cash. How are they doing today?